Foresight News reports that, according to official news, Tether has announced that after careful consideration, it has decided to stop supporting EUR₮. Therefore, Tether has ceased the issuance of EUR₮, and the last redemption request will be processed in 2022, with no new EUR₮ issuance requests being accepted. Currently, Tether will focus on supporting new projects, such as the launch of the stablecoins EURQ and USDQ, which comply with MiCAR standards and will be supported by Tether's technical solution Hadron by Tether.