Euro Tether (EURT) price has declined today.
The price of Euro Tether (EURT) is $1.05 today with a 24-hour trading volume of $2,319,555.36. This represents a -0.80% price decline in the last 24 hours and a -1.50% price decline in the past 7 days. With a circulating supply of 210 Million EURT, Euro Tether is valued at a market cap of $216,631,049.
What is Euro Tether (EURt)?
Euro Tether token (EURt) is the first euro-pegged stablecoin pegged to the euro.
The purpose of the EURt is to provide stability against digital assets’ price fluctuations by offering a token pegged to the euro. EURt provides a liquid, stable, and trusted means of obtaining exposure to the single European currency.
EURt enables holders to store value, make international digital token transfers, send tokenized remittances, and trade cryptocurrencies, and mitigate exposure to forex volatility.
Stablecoins have diversified the use cases of digital currencies, and therefore they contribute to bringing wider adoption into the crypto space.
How does it work?
EURt was developed by Tether Operations Limited (“Tether”), a company founded in 2014 by a group of Bitcoin enthusiasts and early adopters, Tether is a blockchain-enabled platform designed to facilitate the use of fiat currencies in a digital manner.
Tether (EURt) currently operates as a second-layer token on top of the Ethereum blockchain only. Tether USDt has different blockchains such as Bitcoin, Ethereum, EOS, Tron, Algorand, and OMG blockchains.
The Tether token’s are pegged at 1-to-1 with a matching fiat currency (e.g., 1 EURt = 1 EURO) and are backed 100% by Tether’s reserves.
Where can you buy Euro Tether?
EURT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Euro Tether is Bitfinex, where the most active trading pair EURT/USDT has a trading volume of $96,727.72 in the last 24 hours. Other popular options include WhiteBIT and Bitget.
What is the daily trading volume of Euro Tether (EURT)?
The trading volume of Euro Tether (EURT) is $2,319,555.36 in the last 24 hours, representing a 37.00% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Euro Tether (EURT)?
The highest price paid for Euro Tether (EURT) is $1.31, which was recorded on Sep 02, 2021 (about 2 years). Comparatively, the current price is -19.60% lower than the all-time high price.
What is the all-time low for Euro Tether (EURT)?
The lowest price paid for Euro Tether (EURT) is $0.944541, which was recorded on Sep 27, 2022 (about 1 year). Comparatively, the current price is 11.30% higher than the all-time low price.
What is the market cap of Euro Tether (EURT)?
Market capitalization of Euro Tether (EURT) is $216,631,049 and is ranked #145 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of EURT tokens (210 Million tokens are tradable on the market today).
What is the fully diluted valuation of Euro Tether (EURT)?
The fully diluted valuation (FDV) of Euro Tether (EURT) is $420,645,256. This is a statistical representation of the maximum market cap, assuming the maximum number of 400 Million EURT tokens are in circulation today. Depending on how the emission schedule of EURT tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Euro Tether compare against its peers?
With a price decline of -1.50% in the last 7 days, Euro Tether (EURT) is underperforming the global cryptocurrency market which is up 0.10%, while underperforming when compared to similar Stablecoins cryptocurrencies which are down -0.30%.
What is the market sentiment of Euro Tether today?
There are no votes on Euro Tether (EURT) today. Be the first to vote and share this with your community.
How to add Euro Tether (EURT) to MetaMask?
Adding Euro Tether (EURT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import EURT as a token. You can copy EURT’s contract address (0xc581b735a1688071a1746c968e0798d642ede491) and import it manually, or if you've installed MetaMask's chrome extension, add EURT to MetaMask with one click on CoinGecko.
Add EURT to MetaMask.
