Tether has stopped issuing EURT due to the European regulatory environment

Tether has announced that it will cease support for its Euro stablecoin EUR₮ and has stopped processing new minting requests as of 2022. This decision is based on the increasingly complex regulatory environment in the European stablecoin market, while Tether will prioritize supporting new projects, such as the new stablecoins EURQ and USDQ compliant with MiCAR regulations launched in collaboration with Quantoz Payments. Tether will also provide efficient compliance support for asset issuance including stablecoins through its technology platform Hadron. Existing EUR₮ users need to complete redemption operations before November 27, 2025.