Tether EURt (EURt)
Tether EURt is a stablecoin pegged 1:1 to the Euro, enabling stable digital Euro transactions across multiple blockchains.
Overview
Tether EURt is a Euro-backed stablecoin issued by Tether, designed to provide a stable digital representation of the Euro on multiple blockchain networks. It enables businesses and individuals to transact with Euros in a blockchain environment, combining the stability of fiat currency with the efficiency and programmability of digital tokens. As part of the broader Tether stablecoin family, EURt benefits from Tether's established infrastructure and transparency practices.
The token is fully backed 1:1 by Euro reserves held by Tether, with regular transparency reports published to verify backing. EURt is available on several major blockchains, allowing seamless integration with decentralized finance (DeFi) applications, exchanges, wallets, and payment processors. This multi-chain availability supports cross-border payments, remittances, and stable value transfers without the volatility typical of cryptocurrencies.
Tether EURt stands out due to Tether's pioneering role in stablecoins and its extensive adoption across the crypto ecosystem. Its backing by audited reserves and daily transparency reports provide confidence to users and institutions. The token supports compliance and regulatory transparency, making it suitable for enterprise and financial institution use cases. Developers can integrate EURt using standard token protocols like ERC-20 on Ethereum and equivalents on other chains, facilitating easy adoption.
To get started, developers and businesses can access comprehensive documentation and integration guidelines on Tether's website. Tether also offers educational initiatives and partnerships to promote understanding and adoption of stablecoins like EURt in various regions, supporting financial inclusion and blockchain innovation.
The Problem
Traditional cross-border Euro transactions are often slow, costly, and complex due to intermediaries and regulatory hurdles. Digital Euro transactions require a stable, transparent, and widely accepted token to reduce volatility and enable blockchain-based financial services.
The Solution
Key Features
Stablecoin Pegged to Euro
Maintains a stable 1:1 peg with the Euro to minimize volatility.
Standard Token Protocols
Supports ERC-20 and other blockchain token standards for easy integration.
Daily Transparency and Audits
Publishes daily asset and reserve data to ensure full backing and transparency.
Key Strengths
How Developers Use Tether EURt (EURt)
Cross-Border Payments
Businesses and individuals use EURt to send and receive Euro-denominated payments quickly and with low fees across borders.
DeFi Euro Liquidity
DeFi platforms integrate EURt to provide Euro liquidity pools, stable lending, and borrowing markets.
Enterprise Treasury Management
Enterprises hold EURt for stable digital Euro reserves and efficient on-chain treasury operations.
Works Well WithEthereum
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Pricing
Standard | |
|---|---|
| Price (Monthly) | Free |
| Price (Annual) | Free |
| Messaging | N/A |
| Support | Community support via website and documentation |
| Analytics |
Resources
Tether provides extensive resources including detailed documentation, transparency reports, educational initiatives, and integration guides to support developers and enterprises adopting EURt.