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 werken onze Tether EURt naar EUR valuta in realtime bij. Ontvang de actuele prijs van Tether EURt op Coinbase.

De huidige marktkapitalisatie van Tether EURt is € 36,216 mln.. Een hoge marktkapitalisatie houdt in dat het activum zeer gewaardeerd wordt door de markt.

Het hoogste punt ooit van Tether EURt is € 1,08. Dit hoogste punt ooit is de hoogste prijs die is betaald voor Tether EURt sinds de lancering.

In de afgelopen 24 uur was het handelsvolume van Tether EURt € 265,529K.

Activa die een vergelijkbare marktkapitalisatie hebben als Tether EURt , zijn onder meer Smooth Love Potion, Metal DAO, MAGIC en vele anderen. Voor een volledige lijst, zie onze vergelijkbare marktkapitalisatie-activa.

Het huidige circulerende aanbod van Tether EURt is 36 miljoen.