Euro Tether is a stablecoin that is pegged 1:1 to the Euro. It is created as part of the Tether platform. Tether was launched in 2014 as a stablecoin ecosystem producing Tether tokens. The platform aims to combine the stability of real-world tokens with the innovations of blockchain technology. All Tether tokens are pegged 1:1 to their underlying fiat currency and are fully backed by reserves.Tether tokens can be acquired by depositing fiat currency into Tether’s bank account. Tether tokens are then issued to the user, an equivalent amount is sent to the depositor minus any associated fees. Tether tokens can be stored, traded, or transferred, much like many other cryptocurrencies. The stablecoins can be redeemed for fiat currency by depositing the tokens into their tether.to account. Only the tether.to platform can issue or redeem (place or remove from circulation) Tether tokens. The Tether platform strives for complete transparency. As part of this process, it publishes its current reserve amounts daily and regularly conducts audits as well as independent accountant reports.What are Euro Tether’s key features and how does it work?Euro Tether (EURt) can be used within the blockchain space, this includes GameFi, DeFi, as well as, for trading and more. It is also worth mentioning that EURt is compatible with many blockchains including Bitcoin (Omni and Liquid Protocol), Ethereum, EOS, Tron, Algorand, Avalanche, Solana, OMG, and Bitcoin Cash.What can EURt be used for?Much like other Tether tokens, and indeed stablecoins, EURt can be used by individuals, merchants, or exchanges. For example, due to their high liquidity, individuals can take advantage of arbitrage opportunities during trading. Merchants can integrate Tether into platforms and allow consumers to use EURt to purchase products and services. Likewise, exchanges can benefit from the token’s large trading volumes.Where can you buy EURt?EURt is available for trading on the following CEXs and DEXs listed here. The most popular platforms with the highest liquidity are Gate.io, and OKX. The price of EURt will vary depending on the choice of exchange and overall market conditions. For up-to-date and historic data for EURt market prices, please view the price charts on this page.