Euro Tether
EURT Price
EURT (Euro Tether) is a stablecoin within the Tether platform, pegged 1:1 to the Euro and operating on various blockchains. More
| Fully Diluted Valuation | $51.93M |
|---|---|
| 24H Trading Volume | $1.62M |
| 24H Low / High | $1.04 / $ 1.04 |
| Circulating Supply | 25.64 M |
| Total Supply | 50.00 M |
| Max Supply | 50.00 M |
| Categories | Stablecoins 2 more |
|---|---|
| Founder | A group of Bitcoin enthusiasts created Tether |
| Website | tether.to |
| Socials | 3 more |
| Chains | ethereum |
| Explorer |
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| Contracts |
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| Name | Price | 24h | 7d | Market Cap | OG Score | OG 90d |
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In the ever-evolving landscape of cryptocurrencies, stablecoins have emerged as a reliable bridge between traditional finance and the digital realm. Among them, Euro Tether (EURt) stands out as a stablecoin pegged 1:1 to the Euro, offering a secure and decentralized method of exchanging value.
The Tether Platform and EURt Key Features:
Euro Tether is part of the Tether platform, which was launched in 2014 with the vision of combining the stability of real-world tokens with the innovations of blockchain technology. Tether tokens, including EURt, are pegged 1:1 to their underlying fiat currency and are fully backed by reserves.
EURt operates on various blockchains, including Bitcoin, Ethereum, EOS, Tron, and more, making it versatile for use in different blockchain applications such as GameFi and DeFi. This flexibility is crucial in adapting to the dynamic blockchain ecosystem.
How EURt Works and its Use Cases:
EURt can be acquired by depositing fiat currency into Tether's bank account, and tokens are issued to users in return. These tokens can be stored, traded, or transferred, providing liquidity for individuals, merchants, and exchanges. Merchants can integrate EURt into their platforms, enabling consumers to use the stablecoin for purchasing products and services. Exchanges benefit from EURt's large trading volumes, and individuals can explore arbitrage opportunities during trading due to its high liquidity.
Transparency and Security Measures:
The Tether platform emphasizes transparency, publishing daily reserve amounts and conducting regular audits and independent accountant reports. Tether EURt operates on the Bitcoin blockchain, utilizing the Omni Layer Protocol, providing a secure and decentralized environment for users. The Proof of Reserves (PoR) ensures that Tether tokens in circulation are 100 percent backed by a reserve of underlying assets, mitigating market risks like liquidity shortages.
Where to Buy EURt:
EURt is available for trading on various cryptocurrency exchanges, with platforms like OKX and Gate.io being popular choices due to their high liquidity. The price of EURt may vary depending on the chosen exchange and overall market conditions.
Conclusion:
Euro Tether (EURt) exemplifies the evolution of stablecoins, offering a secure, decentralized, and versatile solution for individuals, merchants, and exchanges in the blockchain space. As part of the Tether platform, EURt's commitment to transparency and security through regular audits and the Omni Layer Protocol sets it apart in the ever-expanding world of digital assets. Whether for trading, transactions, or integration into platforms, Euro Tether continues to play a pivotal role in reshaping the landscape of digital finance.
Euro Tether (EURt) employs the Omni Layer Protocol on the secure and decentralized Bitcoin blockchain, ensuring cryptographic protection for its tokens. Additionally, the Proof of Reserves (PoR) guarantees that Tether tokens in circulation are fully backed by a reserve of underlying assets, mitigating market risks and providing users with a secure digital asset.
Euro Tether (EURt) stands out as a stablecoin pegged 1:1 to the Euro, providing a secure and decentralized means of exchanging value within the blockchain space. Its versatility across multiple blockchains and commitment to transparency through regular audits set it apart in the world of stablecoins.
Euro Tether was created in 2014 by a group of Bitcoin enthusiasts, with JL Van de Velde currently serving as the CEO of the Tether decentralized platform.
Tether, Bitfinex.
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There may be different staking options available such as to participating in DAOs, decentralized governance and revenue sharing. Please watch out for scams. Only consider staking options promoted on the official website of the project and advised partners. Please click here to see the official links and make sure to follow the latest instructions.
This data is dynamic and varies depending on the number of tokens that are being vested/vesting, removed from circulation because of network transactions or burned permanently and staking reward distribution mechanism. According to self-declared data the circulating supply of Euro Tether (EURT) is ($25,639,699), max supply of Euro Tether EURT is ($50,000,050) and the market cap of Euro Tether EURT is ($26,627,948).
What is the Euro Tether (EURT) price prediction?
Predicting prices in the crypto market is highly speculative and can't be definitively stated. Various factors drive price movements such as macroeconomics, Bitcoin ($btc) and crypto market overall behavior, on-chain activity, whale positionings, growth potential of the project etc. We cannot give any price predictions nor financial advice, but you can look at our comprehensive data, expert user reviews and decide if the product suits your needs! Please do your own research DYOR!
The current market price of Euro Tether (EURT) is $1. As the OGAudit community we mainly focus on features such as use cases, product development, and sustainable growth. However, we also provide real-time market data and coin/token statistics, analytics, price history for popular altcoins. see here.
It is important to do comprehensive research before deciding whether Euro Tether (EURT) or any other cryptocurrency is a good investment. We believe you should ask each of these questions before deciding to invest or make partnerships with any crypto project:
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Does Coin (Euro Tether EURT) solve a good problem or offer the best solution?
Do products and services work effectively, and solutions are scalable?
Does the team have a realistic roadmap and can catch up with it?
Does Euro Tether (EURT) have reasonable and sustainable revenue income models?
Can the team market their products and services well?
How decentralized is the governance and how strong is the community?
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Does the coin/token have enough trading pairs and liquidity?
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