Tether Ends EURT Support, Introduces MiCAR-Compliant Stablecoins

  • Tether will discontinue EURT by November 2025, transitioning to MiCAR-compliant stablecoins EURQ and USDQ issued by Quantoz Payments. 
  • Cantor Fitzgerald’s acquisition strengthens Tether’s reserve management and highlights its regulatory adaptation through strategic partnerships.

In an announcement, Tether has decided to stop supporting its euro-denominated stablecoin, EURT, thereby advising holders to finish redemptions before November 27, 2025. This action comes as Tether changes its activities to fit changing European legal systems, especially the Markets in Crypto-Assets Regulation (MiCAR).

The business is proactively addressing compliance issues by moving away from EURT and bringing a new generation of MiCAR-compliant stablecoins.

Tether: Strategic Move Towards Compliance and Innovation 

Tether has teamed with European financial technology company Quantoz Payments to ease this changeover. Two stablecoins, especially meant to satisfy the strict criteria given by MiCAR, EURQ and USDQ, will be issued by Quantoz, as we previously reported.

These new digital assets seek to give consumers a more regulated and safe environment, therefore strengthening confidence and openness in the fast-changing digital payment space.

Tether asks its EURT holders to redeem or transfer their assets right away as part of this strategic change, therefore guaranteeing a smooth transition to these new products. This program highlights Tether’s dedication to encourage creativity in line with legal standards.

The stablecoin market reaches a major turning point with the arrival of EURQ and USDQ. These products not only meet European criteria but also show promise to provide better payment options for several applications.

Tether’s choice to turn toward compatible substitutes shows its awareness of the requirement of changing with the worldwide regulatory space. Moreover, working with Quantoz emphasizes the growing need for alliances between issuers and technology companies to satisfy the needs of ever more complex financial environments.

Previously, CNF reported Cantor Fitzgerald has bought a 5% share in Tether, a transaction worth about $600 million. Especially with regard to its significant holdings in U.S. Treasury securities, this acquisition enhances Cantor Fitzgerald’s position in handling Tether’s reserves.

Source: https://www.crypto-news-flash.com/tether-ends-eurt-support-introduces-micar-compliant-stablecoins/?utm_source=rss&utm_medium=rss&utm_campaign=tether-ends-eurt-support-introduces-micar-compliant-stablecoins