About Tether EURt
Tether EURt (EURt) is a cryptocurrency launched in 2015and operates on the Ethereum platform. Tether EURt has a current supply of 50,001,660.54 with 36,387,340.03 in circulation. The last known price of Tether EURt is 1.15797331 USD and is down -0.57 over the last 24 hours. It is currently trading on 102 active market(s) with $272,045.72 traded over the last 24 hours.
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Trading Insights
Searched
2
Market Stats
Market Cap
$42.25M
0.73%
FDV
$58.06M
Circ. Supply
36M EURt
Max Supply
50M EURt
Total Supply
50M EURt
Diluted Valuation
$58.29M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$290.17K
3.34%
Volume (7D)
$1.93M
Volume (30D)
$12.87M
All time high
$1.25
Price Change (1Y)
7.37%
Additional details
Market details
EURt vs markets
↘ 36.68%
EURt vs BTC
↘ 35.24%
EURt vs ETH
↘ 31.77%
Tags
stablecoin
asset-backed-stablecoin
eur-stablecoin
fiat-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xC581b735A1688071A1746c968e0798D642EDE491 |
Price history
Time | Price | Change |
|---|---|---|
Today | $1.16 | ↗ 0.36% |
1 Day | $1.16 | ↗ 0.36% |
1 Week | $1.16 | ↘ 0.11% |
1 Month | $1.16 | ↗ 0.16% |
1 Year | $1.08 | ↗ 7.37% |
FAQ
Tether EURt (EURT) is a blockchain-driven decentralized platform that has pioneered the stablecoin concepts in the digital asset space. The platform is designed with a vision to simplify the use of traditional currencies in a digital space. The platform uses a modern approach to switch up the conventional finance system. Tether seeks to empower users with the ability to conduct transactions using traditional currencies across multiple blockchains. As its website mentions, Tether uses stablecoins to support and enhance ventures in the blockchain space.
According to its whitepaper, Tether EURt is an asset-backed cryptocurrency operating on the Bitcoin blockchain. Cryptocurrencies facilitate borderless transactions, trustless ownership, anonymity, and freedom from the centralized banking system. However, the inadequate understanding of cryptocurrencies and volatile price swings of crypto-assets continue to stand out as significant problems. Therefore, the platform brings into play cryptocurrencies called ‘Tethers’ that are pegged or secured using traditional currencies. Tether EURt implements the ‘Omni Layer Protocol’ to launch the crypto-tokens on the Bitcoin blockchain. Omni Layer is a platform supporting the creation and trading of custom digital currencies. Every token in circulation is secured to a corresponding traditional currency in a one-to-one ratio. For example, one Tether EURT is equal to one EURO. The traditional currency here is securely kept as reserves by Tether Limited, a company based in Hong Kong.
Tether EURt enables users to transfer the tokens, store the Tethers, and trade the tokens like any other cryptocurrencies. As the whitepaper highlights, Tether EURt provides traders and users with a few advantages.
Tether EURt implements Proof of Reserves (PoR) to ensure users that equal amounts of traditional currency always secure the tokens in circulation. Proof of Reserves is defined as an independent audit that proves that the decentralized digital tokens in circulation are 100 percent backed by a reserve of underlying assets.
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Tether EURt news
Trending articles
Social stats
Popularity in posts
#3498
Contributors
17
Posts
20
% About Tether EURt
0.003%
Hold times
0 days
X (Twitter)
14.4% bullish
Sentiment
0.5 ★
Highlights
17 unique individuals are talking about Tether EURt and it is ranked #3,498 in most mentions and activity from collected posts. In the last 24 hours, across all social media platforms, Tether EURt has an average sentiment score of 9 out of 5. Finally, Tether EURt is becoming less newsworthy, with 0 news articles published about Tether EURt.
On Twitter, people are mostly bullish about Tether EURt. There were 92.55% of tweets with bullish sentiment compared to 542.55% of tweets with a bearish sentiment about Tether EURt. 7.45% of tweets were neutral about Tether EURt. These sentiments are based on 30 tweets.
On Reddit, Tether EURt was mentioned in 0 Reddit posts and there were 0 comments about Tether EURt. On average, there were less upvotes compared to downvotes on Reddit posts and more upvotes compared to downvotes on Reddit comments.
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Legal
Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.