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Tether Ends EURT Support to Focus on MiCAR-Compliant Stablecoins Cryptonews 27 Kas 2024

Tether Ends EURT Support to Focus on MiCAR-Compliant Stablecoins 🏦

Tether is phasing out support for its EURT stablecoin, with a final redemption deadline set for November 2025. This move is part of a strategic pivot towards launching new stablecoins that comply with the Market in Crypto-Assets Regulation (MiCAR).

These new regulatory-compliant stablecoins, EURQ and USDQ, are intended to bolster Tether's alignment with evolving financial regulations in the blockchain and cryptocurrency space.

This transition signifies Tether’s dedication to adhering to industry regulations while offering secure and compliant digital asset solutions to their users.

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