Tether Ends EURT Redemptions Worldwide: What It Means for Euro Stablecoin Holders

Tether has officially ceased redemptions for its euro-pegged stablecoin, EURT, across all supported blockchains as of November 27, 2025. This decision completes the company’s previously announced wind-down plan for the digital euro token, marking the end of EURT as a redeemable cryptocurrency asset.

EUR₮ was launched to offer users a blockchain-based alternative tied to the value of the euro, similar to how dollar-backed stablecoins operate. However, despite initial interest, euro-pegged stablecoins never achieved the same level of global adoption as U.S. dollar-based tokens. Over time, market demand remained limited, trading volume declined, and liquidity steadily thinned.

The shutdown of EURT is also closely connected to tightening regulatory frameworks within Europe. Updated crypto regulations introduced stricter rules for stablecoin issuers, including reserve transparency, licensing requirements, and operational compliance. Facing higher compliance costs and reduced user adoption, Tether opted to discontinue the euro-denominated token rather than restructure it under the new legal environment.

Tether first stopped new issuance of EURT several years ago and later confirmed that the token would be retired entirely. In November 2024, holders were officially notified of a one-year deadline to redeem their balances. With that deadline now expired, all remaining redemption services have been permanently disabled.

Users who failed to redeem their EURT before the November 2025 cutoff may now find it extremely difficult to convert the asset into euros or other cryptocurrencies. Because Tether no longer supports the token, exchanges and wallets are not required to facilitate conversion, making EURT effectively obsolete.

This move reflects a larger trend in the stablecoin market. U.S. dollar-pegged stablecoins continue to dominate due to high liquidity, international demand, and widespread usage in trading, remittances, and decentralized finance. In contrast, alternative fiat-based stablecoins particularly euro-pegged ones have struggled to maintain market share amid regulatory pressure and reduced interest.

Tether has indicated that its future strategy will prioritize infrastructure tools and tokenization services rather than launching direct replacements for EURT. The company is now focusing on providing platforms that allow institutions and governments to create compliant digital assets rather than issuing more retail-focused stablecoins.

For cryptocurrency users, the end of EURT highlights the importance of understanding both regulatory risk and long-term project viability before holding digital assets. Stablecoins are often considered safe by design, but regulatory changes and business decisions can still disrupt access.

As the crypto industry matures, the market is expected to favor fewer, more compliant stablecoins with strong liquidity and institutional backing. The retirement of EURT may be an early example of this consolidation phase.

FAQs

Q1: What is EURT?

EURT was a euro-pegged stablecoin designed to maintain a 1:1 value with the euro.

Q2: When did Tether stop EURT redemptions?

All redemptions officially ended on November 27, 2025.

Q3: Why did Tether discontinue EURT?

Low adoption and stricter European regulations made the stablecoin economically unviable.

Q4: Can I still redeem EURT after the deadline?

No. Redemption services are permanently closed.

Q5: What happened to unredeemed EURT tokens?

They remain on the blockchain but are no longer supported or redeemable.

Q6: Is Tether launching another euro stablecoin?

No direct replacement has been announced. The company is focusing on digital asset infrastructure instead.