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Tether EURt

Tether EURt priceEURt

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Tether EURt price calculator

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EURt
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1 EURt = 1.08 USD
Last updated 2024-05-19 19:08:57(UTC-0)

Tether EURt price live data summary

The live price of Tether EURt is $1.08 per (EURt / USD) today with a current market cap of $39.28M USD. The 24-hour trading volume is $2.37M USD. EURt to USD price is updated in real time. Tether EURt is -0.02% 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.

Tether EURt price prediction

Set your 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 $1.3 in 2025.

What will the price of EURt be in 2030?

In 2030, the EURt price is expected to rise by -15.00%. By the end of 2030, the EURt price is projected to reach $2.1, with a cumulative ROI of +94.85%.
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Tether EURt price performance in USD

24h7d30d90d1yAll-time
-0.02%+1.40%+2.78%+0.52%-0.12%--

Tether EURt price history in USD

TimeLowHigh
24h$1.08$1.08
7d$1.06$1.08
30d$1.04$1.08
90d$1.01$1.09
1y$1.01$1.13
All-time$0.9549(2022-09-28, 1 years ago )$1.59(2021-11-17, 2 years ago )

Tether EURt market information

Market cap
$39,278,198.9
-0.02%
Fully diluted market cap
$53,974,134.04
-0.02%
Volume (24h)
$2,374,339.21
-4.61%
Market rankings
Circulation rate
+72.00%
24h volume / market cap
0.0604
Circulating supply
36,387,340 EURt
Total supply / Max supply
50,001,660.54 EURt
-- EURt

Tether EURt ratings

Average ratings from the community
4.4
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.

How to buy Tether EURt (EURt)

Buying Tether EURt on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Tether EURt (EURt) .

Trade EURt perpetual futures

After having successfully signed up on Bitget and purchased USDT or EURt tokens, you can start trading derivatives, including EURt futures and margin trading to increase your income.

The current price of EURt is $1.08, with a 24h price change of -0.02%. Traders can profit by either going long or short onEURt futures.

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.

People are also inquiring about the price of Tether EURt.

What is the current price of Tether EURt?

We update our Tether EURt to USD price in real time. Get the live Price of Tether EURt on Bitget.

What is the 24 hour trading volume of Tether EURt?

Over the last 24 hours, the trading volume of Tether EURt is $2.37M.

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?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
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.

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EURt is available for trading on the Bitget Exchange, and can be held in custody on Bitget Wallet. Bitget Exchange is also one of the first CEX platforms to support EURt trades.
You can trade EURt on Bitget.

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