Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Tether Euro stablecoin will stop on-chain redemptions today.

According to ChainCatcher news and Tether's official announcement, Tether will stop euro redemptions on all supported blockchains on November 27, 2025. Tether had already stopped minting euro stablecoins back in 2022. Tether CEO Paolo Ardoino stated that Tether's decision to scale back in the Eurozone is not a hasty move, but rather that before establishing a more risk-averse regulatory framework in Europe, which will first promote innovation and provide users with the stability and protection they deserve while avoiding potential systemic risks, we have chosen to prioritize other initiatives.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)