Tether stops supporting the euro stablecoin EUR₮. 🚫

- The company announced that it will no longer issue EUR₮ due to new EU regulations.

- MiCA, which came into effect in June, requires a reassessment of approaches to stablecoins.

- The last application for issuing EUR₮ was processed in 2022.

- Customers can exchange their EUR₮ until November 27, 2025.

- Tether will focus on new initiatives such as USDQ and EURQ.