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    Tether EURt price

    Tether EURt priceEURt

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    Tether EURt price calculator

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    EURt
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    1 EURt = 1.04 USD
    Last updated 2024-11-24 09:44:10(UTC-0)
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    Tether EURt price live data summary

    The live price of Tether EURt is $1.04 per (EURt / USD) today with a current market cap of $37.92M USD. The 24-hour trading volume is $1.60M USD. EURt to USD price is updated in real time. Tether EURt is -0.03% in the last 24 hours. It has a circulating supply of 36,387,340 .

    What is the highest price of EURt?

    EURt has an all-time high (ATH) of $1.59, recorded on 2021-11-17.

    What is the lowest price of EURt?

    EURt has an all-time low (ATL) of $0.9549, recorded on 2022-09-28.
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    Tether EURt price prediction

    What will the price of EURt be in 2025?

    Based on EURt's historical price performance prediction model, the price of EURt is projected to reach $1.36 in 2025.

    What will the price of EURt be in 2030?

    In 2030, the EURt price is expected to change by -13.00%. By the end of 2030, the EURt price is projected to reach $2.4, with a cumulative ROI of +129.75%.

    Tether EURt ratings

    Average ratings from the community
    4.6
    100 ratings
    This content is for informational purposes only.

    About Tether EURt (EURt)

    What Is Tether EURt?

    Tether EURt, or EURt, is a stablecoin that is pegged to the Euro at the rate of 1:1 and is issued by the stablecoin giant Tether. This platform was designed to simplify the use of traditional currencies in a digital format, marking a modern shift in the conventional finance system. The Tether EURt was launched in 2016, making it the second product of the Tether organization. Initially, EURt did not gain much traction but saw increased popularity after being listed on major exchanges towards the end of 2022 and the beginning of 2023. It is now available on both the Ethereum and Bitcoin blockchains.

    Resources

    Whitepaper: https://tether.to/en/whitepaper/

    Official Website: https://tether.to/en/

    How Does Tether EURt Work?

    Tether EURt operates in a manner similar to other Tether stablecoins. Its reserve is backed by real money and assets, ensuring that for every EURt issued, there is an equivalent Euro value in Tether’s possession. The supply of Tether EURt is regulated through minting and burning mechanisms, based on market demands and the reserves of Tether. This process is managed by Tether Limited, which is responsible for minting and burning Tether tokens in line with the reserves they hold.

    What Is EURt Token?

    The EURt token is a digital representation of the Euro, pegged one-to-one to the fiat currency. It allows users to access a robust infrastructure of asset-backed monies. Stablecoins like EURt are utilized for various purposes, including leverage trading, circumventing traditional financial barriers, dealing with hyperinflation in failing economies, sending money across borders without bureaucratic hurdles, and buying and selling assets on various exchanges and blockchain-based platforms.

    The total supply of EURt is not capped as it is changed based on market demands and the reserves of Tether. EURt’s current circulating supply as of November 2023 is 50,001,661.

    What Determines Tether EURt’s Price?

    The price of Tether EURt (EURt) is primarily determined by its peg to the Euro, adhering to a 1:1 ratio. This means that the value of one EURt is always equivalent to one Euro. This pegging is a fundamental aspect of stablecoins, distinguishing them from other cryptocurrencies that often experience significant price volatility. The stability of EURt's price is maintained through a balance of supply and demand, regulated by Tether Limited. When demand for EURt increases, more tokens are minted, and conversely, tokens are burned when the demand decreases. This mechanism ensures that the supply of EURt in circulation is always backed by an equivalent amount of Euros in reserve, thereby stabilizing its price.

    In the broader context of the cryptocurrency and blockchain market, the trust and transparency of Tether's operations play a crucial role in maintaining EURt's price stability. The confidence of users and investors in Tether's ability to provide a one-to-one backing with the Euro is essential. This confidence is bolstered by Tether's implementation of Proof of Reserves (PoR), which involves independent audits to verify that the digital tokens in circulation are fully backed by a reserve of underlying assets. Additionally, the overall market conditions, regulatory environment, and the health of the Eurozone economy can indirectly influence EURt's price, as these factors affect the Euro's strength and, consequently, the confidence in assets pegged to it.

    For those interested in investing or trading Tether EURt, one might wonder: Where to buy EURt? You can purchase EURt on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

    Tether EURt price performance in USD

    24h7 days30 days90 days1 yearAll-time
    -0.03%-0.56%-3.06%-3.58%-4.57%-11.35%

    Tether EURt price history in USD

    The price of Tether EURt is -4.57% over the last year. The highest price of EURT in USD in the last year was $1.18 and the lowest price of EURT in USD in the last year was $1.
    TimeLowHigh
    24h$1.03$1.05
    7d$1.03$1.06
    30d$1.03$1.09
    90d$1.01$1.16
    1y$1$1.18
    All-time$0.9549(2022-09-28, 2 years ago )$1.59(2021-11-17, 3 years ago )

    Tether EURt market information

    Market cap
    $37,921,418.46
    -0.03%
    Fully diluted market cap
    $52,109,714.3
    -0.03%
    Volume (24h)
    $1,598,153.28
    -5.50%
    Market rankings
    Circulation rate
    +72.00%
    24h volume / market cap
    0.0421
    Circulating supply
    36,387,340 EURt
    Total supply / Max supply
    50,001,660.54 EURt
    -- EURt
    Buy Tether EURt now

    How to buy Tether EURt(EURt)

    Create Your Free Bitget Account

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    Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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    Buy Tether EURt (EURt)

    Buy Tether EURt (EURt)

    Use a variety of payment options to buy Tether EURt on Bitget. We'll show you how.

    Join EURt copy trading by following elite traders.

    After signing up on Bitget and successfully buying USDT or EURt tokens, you can also start copy trading by following elite traders.

    Tether EURt news

    See more
    EURC stablecoin supply hits all-time high as market cap approaches $100 million
    EURC stablecoin supply hits all-time high as market cap approaches $100 million

    Quick Take The EURC stablecoin has reached an all-time high supply of more than 90 million — equating to a market cap of nearly $100 million. A surge of growth on Base has fueled the rise, though it still represents a fraction of the supply of U.S. dollar-based stablecoins.

    The Block2024-10-23 16:00
    Coinbase to delist non-compliant stablecoins in EU following implementation of MiCA guidelines
    Coinbase to delist non-compliant stablecoins in EU following implementation of MiCA guidelines

    Quick Take Coinbase announced it will delist stablecoins that are not compliant with the European Union’s comprehensive MiCA guidelines by the end of the year. The Markets in Crypto Assets guidelines are the most advanced set of regulations for the blockchain sector to date.

    The Block2024-10-03 16:00

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    FAQ

    What is the current price of Tether EURt?

    The live price of Tether EURt is $1.04 per (EURt/USD) with a current market cap of $37,921,418.46 USD. Tether EURt's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Tether EURt's current price in real-time and its historical data is available on Bitget.

    What is the 24 hour trading volume of Tether EURt?

    Over the last 24 hours, the trading volume of Tether EURt is $1.60M.

    What is the all-time high of Tether EURt?

    The all-time high of Tether EURt is $1.59. This all-time high is highest price for Tether EURt since it was launched.

    Can I buy Tether EURt on Bitget?

    Yes, Tether EURt is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Euro Tether guide.

    Can I get a steady income from investing in Tether EURt?

    Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

    Where can I buy Tether EURt with the lowest fee?

    Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

    Where can I buy Tether EURt (EURt)?

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    Cryptocurrency investments, including buying Tether EURt online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Tether EURt, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Tether EURt purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.

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    EURT/USDT

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