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.

A group of Bitcoin enthusiasts created Tether in 2014. JL Van de Velde serves as the CEO of the Tether decentralized platform.

Actualizamos nuestro Tether EURt a la moneda USD en tiempo real. Consulta el precio de Tether EURt en tiempo real en Coinbase.

La capitalización de mercado actual de Tether EURt es 2,493 M US$. Una capitalización de mercado alta implica que el activo es muy valorado por el mercado.

El máximo histórico de Tether EURt es 1,36 US$. Este máximo histórico es el precio más alto pagado por Tether EURt desde su lanzamiento.

Durante las últimas 24 horas, el volumen de operaciones de Tether EURt es de 55,49 US$.

Los activos que tienen una capitalización de mercado similar a Tether EURt incluyen Shrapnel, TaleX, CUDIS y muchos otros. Para ver una lista completa, consulte nuestros activos de capitalización de mercado comparables.

La oferta circulante actual de Tether EURt es de 36 millones.