BlockBeats news, on November 27, according to official news, Tether announced the decision to stop supporting the Euro stablecoin EURT, has stopped minting EURT, and will no longer accept new EURT issuance requests.
Tether stated that in light of the evolving regulatory framework around stablecoins in the European market, this decision aligns with Tether's broader strategic direction. Tether will focus on supporting new projects, such as launching stablecoins EURQ and USDQ that comply with MiCAR standards.