What Tether EURt is designed to do
Tether EURt (EURT) is a fiat-backed stablecoin, currently ranked 590th by market capitalization among the assets we track. Unlike volatile crypto assets, Tether EURt targets a fixed value backed by off-chain reserves. Holders use it to park value, settle trades, and move money — its entire value proposition is that it does not move.
Tether EURt (EURT) is a stablecoin pegged to the Euro, designed to maintain a 1:1 value ratio with the Euro currency. It provides a digital alternative for transactions and trading in the Euro without the volatility common to other cryptocurrencies.
How the peg is meant to hold
Pegs are defended by market makers who profit from closing any gap to par. The strength of that defense comes down to whether the backing assets are liquid and the issuer is solvent.
Background & fundamentals
The project publishes a whitepaper documenting its original design, which is worth reading before sizing any position in EURT. In sector terms it is most often filed under Ethereum (ETH) Token (ERC-20) and Stablecoin.
Where Tether EURt sits in the market
At $0.0478, Tether EURt carries a market capitalization of $1.74M. Around $21.43 changes hands across exchanges in a typical 24-hour window. That is a turnover of about 0.00% of the float — on the quieter side, which can mean thinner liquidity for large orders.
Tether EURt carries no fixed maximum supply; issuance follows a programmatic schedule rather than a hard cap. EURT remains -97% beneath its all-time high of $1.75, the kind of gap that historically takes a full cycle or a fresh catalyst to close.
What the price history shows
Recent moves read 24-hour +4.83%, 7-day -9.13%, 30-day -11.67%, 1-year -95.86%.
Volatility profile
Recent action puts Tether EURt in the High-volatility band — it has been actively trading, with daily moves that would be unusual in traditional equities. Over the last 30 days the move totals -11.67%, a useful input for stop placement and position sizing.
How to evaluate a stablecoin like Tether EURt
The honest checklist for EURT is short:
- Reserve quality — what backs EURT — cash and short Treasuries are safer than commercial paper or crypto collateral — and who attests to it.
- Redemption access — whether holders can actually redeem at par, and how quickly, under stress.
- Regulatory standing — the issuer's jurisdiction and licensing, which increasingly determines which stablecoins survive at scale.
This page pulls live market data, on-chain stats where available, exchange-by-exchange volume, and our forecast model into one view so you can work through those questions in a single place. None of it is investment advice — it is a structured starting point for your own research.