Euro Tether
Euro Tether is a stablecoin backed by USD reserves held by Tether
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- Asset Type: ERC-20
- Market Cap: $27M
- Fully Diluted Valluation: $52.6M
- FDV / MC: 2
- Ranking inside Exponential (among stables): #30
- Circulating Supply: 25,639,699
- Total Supply: 50,000,050
- Total Supply: 50,000,050
- Volume (24H): $2.7M
- ATH: $1.31 (09/02/2021)
- ATL: $0.94 (09/27/2022)
EURT is a low-cap asset with questionable collateral reserves. This asset depends on a centralized entity for custody services.
EURT is a stablecoin that usually trades within 20bps of its peg to EUR, which makes it a solid store of value.
Euro Tether has no dependencies.
EURT has a fixed supply. EURT is backed 1:1 by Euro reserves held with a licensed custodian (Tether). EURT is fully redeemable for its Euro reserves, providing an effective mechanism to retain the peg to €1.
EURT is a stablecoin that usually trades within 20bps of its peg to EUR, which makes it a solid store of value. EURT is fully redeemable for its Euro reserves, providing an effective mechanism to retain the peg to €1.
