End of EURT, Tether’s Euro-Backed Stablecoin
Tether, one of the largest stablecoin providers, has announced the discontinuation of its euro-backed stablecoin, EURT. The company stated it would stop minting new EURT tokens due to changes in the regulatory framework for stablecoins in the European market. This decision aligns with Tether's efforts to balance usability and sustainability across its product offerings.
Reasons Behind EURT Discontinuation
Tether’s CEO, Paolo Ardoino, called the decision to discontinue EURT a necessary step, though not an easy one. He explained that the EURT stablecoin would remain unavailable until Europe establishes a stronger regulatory framework that ensures user protection and avoids risks associated with the banking system.
"The decision to discontinue EURT was not taken lightly. We await a regulatory framework in Europe that supports innovation, stability, and user protection," Ardoino stated.
Hadron Becomes Tether’s New Priority
Tether announced it would focus on its new project, Hadron, a platform designed to facilitate asset tokenization. Hadron integrates all the technologies and expertise Tether has developed over the past decade. According to Ardoino, the goal of Hadron is to make asset tokenization accessible to a broader audience, including fund managers, governments, and private companies.
Hadron aims to support stablecoin issuance processes, regulatory compliance, and anti-money laundering (AML) tools. Additionally, it is expected to accelerate the tokenization of stocks and bonds while offering solutions for loyalty point systems.
Notice for EURT Holders
Tether has asked EURT holders to redeem their holdings by November 27, 2025, to ensure a smooth transition to new products and technologies, including Hadron’s solutions.
Hadron and the Future of Tokenization in Europe
Tether described Hadron as a pivotal tool for advancing digital asset solutions in Europe. The platform has already been used to develop new stablecoins, EURQ and USDQ, which comply with the European MiCAR regulations.
Tether also highlighted its investment in Quantoz Payments, which has helped integrate these stablecoins into a broader ecosystem. These efforts underscore Tether’s ambition to become a leader in real-world asset (RWA) tokenization and provide the infrastructure for the digital economy.
Tether as a Leader in Asset Tokenization
Tether is positioning itself as a key player in the tokenization of real-world assets, with its stablecoin ecosystem nearing a market capitalization of $200 billion. The company views Hadron as a critical milestone in modernizing the financial sector and driving the growth of digital asset markets in Europe.
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