According to Odaily, Tether, a prominent player in the cryptocurrency industry, has announced that its Euro stablecoin, EURT, is now live on MugglePay. The platform now supports related payment services for this stablecoin.
Tether's EURT is a digital asset pegged to the Euro, providing a stable and secure means of conducting transactions in the volatile world of cryptocurrencies. The integration with MugglePay, a crypto payment service provider, will allow users to make transactions using EURT, thereby expanding the reach and utility of this stablecoin.
This development is a significant step forward for Tether, as it continues to expand its footprint in the digital currency market. The support for EURT on MugglePay will likely enhance the user experience by providing a more stable and secure method of conducting transactions. This move also signifies the growing acceptance and integration of stablecoins in payment platforms.