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 1.13873786 USD and is down -0.06 over the last 24 hours. It is currently trading on 102 active market(s) with $370,941.06 traded over the last 24 hours. More information can be found at
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Trading Insights
Searched
4
Market Stats
Market Cap
€35.55M
0.7%
FDV
€48.86M
Circ. Supply
36M EURt
Max Supply
50M EURt
Total Supply
50M EURt
Diluted Valuation
€49.59M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
€321.74K
6.37%
Volume (7D)
€2.39M
Volume (30D)
€9.89M
All time high
€1.03
Price Change (1Y)
10.73%
Additional details
Market details
EURt vs markets
↘ 24.86%
EURt vs BTC
↘ 36.51%
EURt vs ETH
↗ 54.78%
Tags
stablecoin
asset-backed-stablecoin
eur-stablecoin
fiat-stablecoin
Network & Addresses
Network | Address | |
|---|---|---|
Ethereum | 0xC581b735A1688071A1746c968e0798D642EDE491 |
Price history
Time | Price | Change |
|---|---|---|
Today | €0.98 | ↗ 0.56% |
1 Day | €0.99 | ↗ 0.56% |
1 Week | €0.99 | ↗ 1.33% |
1 Month | €0.99 | ↗ 2.49% |
1 Year | €0.95 | ↗ 10.73% |
Coinbase insights
Recent trends
The latest EURt price is €0.98. Compared to Tether EURt's value of €0.99 from 24 hours ago, there's been a 1% increase, while the current price is 1% up from €0.99 which was recorded one week ago. Tether EURt's all time high is €1.03, which was reached on September 16, 2021. This is a -4% change from its price today.
The current circulating supply of Tether EURt is 36,387,340. This is 73% of its max supply of 50,000,050 EURt and 73% of its total supply of 50,001,661. The market cap is currently €35.55M, which is a result of multiplying the current price of Tether EURt(€0.98) by the total supply(50,001,661 EURt). The fully diluted valuation of Tether EURt is €48.86M. The diluted valuation of Tether EURt is €48.86M.
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.
A group of Bitcoin enthusiasts created Tether in 2014. JL Van de Velde serves as the CEO of the Tether decentralized platform.
We update our Tether EURt to EUR currency in real-time. Get the live price of Tether EURt on Coinbase.
The current market cap of Tether EURt is €35.55M. A high market cap implies that the asset is highly valued by the market.
The all-time high of Tether EURt is €1.03. This all-time high is highest price paid for Tether EURt since it was launched.
Over the last 24 hours, the trading volume of Tether EURt is €321.74K.
Assets that have a similar market cap to Tether EURt include UNIPOLY, Coin98, MovieBloc, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Tether EURt is 36 million.
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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.
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