The XT.com exchange announced today that its wallet had been hacked and an ‘abnormal asset transfer' had transferred out nearly $1M worth of USDT. XT confirmed that its users' funds remained safe and unaffected, and only assets belonging to the exchange were affected.

The stablecoin issuer will discontinue its Euro-pegged token after failing to meet regulatory requirements.

Tether, the leading issuer of the world's largest stablecoin by market cap, USDt, has announced its decision to phase out its euro-pegged stablecoin, EURt, and will halt its minting process across all blockchain platforms.

Tether discontinues Euro-pegged stablecoin citing European regulatory concerns and shifts to providing infrastructure for MiCAR-compliant stablecoins through Hadron platform

Tether is the largest company in the digital asset industry. MiCAR has put plenty of new European regulations in place.

The news is official, and there is a year to redeem them.

Tether, the issuer behind the world's largest stablecoin, USDT, has announced its decision to discontinue support for its euro-backed stablecoin, EURT. The move reflects both shifting market dynamics and evolving regulatory conditions in the European Union. Tether emphasized that community interest remains central to its decision-making process.

Tether's CEO, Paolo Ardoino, recently projected that the company's liquidity pool, dedicated to financing raw materials transactions, could grow to between $3 billion and $5 billion by 2026.

Tether, the issuer of the USDT stablecoin, has announced it will discontinue its euro-backed stablecoin, EURT, due to regulatory challenges in Europe.

Tether announced that it would discontinue support for the Euro-pegged stablecoin EURT and will not be minting any more tokens. The blockchain-enabled platform disclosed that the decision was reached due to changes in the stablecoin regulatory framework in the European market.

Tether has officially ended support for EURT, halting issuance and urging users to redeem holdings by November 2025, transitioning to regulatory-compliant stablecoins like EURQ and USDQ. The post Tether Ends EURT Support to Focus on MiCAR-Compliant Stablecoins appeared first on Cryptonews.

Northern Data AG, a software company in Frankfurt, Germany, is nearing an agreement to sell its crypto mining operations as per the latest Bloomberg report. This move comes as the company looks to capitalize on November's Bitcoin rally.

USDT issuer Tether has halted support for EURT, its euro-tied stablecoin. Meanwhile, regulatory changes as the European Union embraced the inclusive MiCA regulatory framework triggered Tether's decision. Tether highlighted that it ceased minting EURT, and holders should redeem the assets by 27 November 2025.

Tether, the issuer of the largest stablecoin in the world, USD₮, has announced an important decision: to discontinue support for EUR₮, the stablecoin pegged to the euro. This marks a crucial moment in the cryptocurrency sector and raises questions about the future of stablecoins linked to fiat currencies other than the dollar.

Tether, the biggest stablecoin provider, has declared that it will no longer provide support for its euro-backed stablecoin, EURT. The company, however, noted that it had stopped minting EURT in 2022 and that holders of the token should redeem it by November 27, 2025.

CEO Paolo Ardoino said Tether Investments is already working with some of the sector's largest commodities traders.

TL;DR Tether will discontinue its euro-pegged stablecoin, EURT, by the end of 2025, in response to regulations in Europe, specifically the MiCA framework. Holders must redeem their EURT before November 27, 2025. Tether is focusing on new projects such as EURQ and USDQ, designed to comply with MiCA, and is promoting its Hadron platform.

Stablecoin issuer Tether announced plans to end support for its Euro-pegged stablecoin, EURt, in a Nov. 27 statement. The company stated it had ceased minting new EURt tokens, with the last issuance request processed in 2022.

Tether is discontinuing its support for the Euro-pegged stablecoin EURT, and will no longer accept new issuance requests.

Stablecoin issuer Tether has announced that it will no longer issue its euro-backed EURT token amid regulatory challenges in Europe.

Tether has asked EUR₮ holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.

Tether has asked EURt holders to redeem tokens within one year, ending on Nov. 25, 2025, as the company decided to discontinue the stablecoin.

Tether, the prominent stablecoin issuer, is discontinuing EURT because of the EU's MiCA regulations. Nonetheless, the firm invested in other MiCA-compliant stablecoins and maintains revenue streams from the European market.

Tether requested customers holding the Euro stablecoin on all supported blockchains to redeem by Nov. 27, 2025.

Amidst expectations of a crypto-friendly government after Trump's victory, the cryptocurrency prices are soaring, and so is the demand for stablecoins. Strikingly, the overall value of the digital-assets market has risen by nearly a trillion dollars since the election.

Tether stablecoin EURT will be discontinued, with redemptions to be completed by November 27, 2025.

Tether, issuer of the world's largest stablecoin, said that it will stop supporting the euro-linked EURT stablecoin as part of a “strategic transition to prioritize community-driven blockchain support.” This decision came amid rising regulatory uncertainty in the EU's crypto market with the new MiCA rules.

Tether's shift to MiCA-compliant stablecoins may reshape the stablecoin market, influencing regulatory strategies and innovation in the EU. The post Tether to end EURT support, focusing on MiCA-compliant stablecoins appeared first on Crypto Briefing.

Tether said it will phase out its euro stablecoin, EURT. Users will be able to redeem tokens for up until one year from now.

Tether announces its strategic decision to discontinue EUR₮ support, focusing on launching MiCAR-compliant stablecoins and enhancing community-driven support.

An Ethereum (ETH) competitor has captured a massive share of USDT stablecoin transactions, according to the chief executive of the analytics firm CryptoQuant. Ki Young Ju says on the social media platform X that the value of the USDT hosted on Tron (TRX) is now more than three times the layer-1 blockchain's market cap.

Tether has minted $5 billion in just five days, raising industry concerns about its influence on cryptocurrency markets and political ties, particularly with Cantor Fitzgerald's significant investment and connections to the incoming Trump administration. The post Tether's $5B Mint in 5 Days and Political Links Spark Industry Concerns appeared first on Cryptonews.

The financial services giant Cantor Fitzgerald has reportedly acquired a 5% ownership stake in Tether, the leading stablecoin firm. The Wall Street Journal, citing unnamed business associates of both firms, reports that Cantor values the stake at up to $600 million. Cantor has served as Tether's custodian since 2021.

The reports say the situation is so dire that USDT trades at a discount in Mexico because knowledge that it comes from drug proceeds is widespread.

Ethereum has overtaken Tron as the leading blockchain for Tether (USDT) dominance.

Gibson, Dunn & Crutcher was caught up in a court fight with its client, Swan Bitcoin After the law firm hired a legal representative from a crypto rival, Tether on November 25. Swan claimed that the law firm was engaging in legal malpractice.

The intertwining between stablecoin and politics: the role of Lutnick and the impact on cryptocurrencies

For the first time since August 2022, Ethereum (ETH) hosts a bigger U.S. Dollar Tether (USDT) supply than Tron (TRX). Meanwhile, the aggregated cap of USD-pegged stablecoins targets an all-time high over $200 billion.

Unraveling Tether's complex web of financial maneuvers and its impact on the global crypto market.

Swan Bitcoin filed a malpractice lawsuit against its former legal counsel, Gibson, Dunn & Crutcher, and accused the firm of prioritizing Tether's interests over its own.

Binance introduces BFUSD, a reward-bearing margin asset, offering zero purchase fees and a share of 100,000 USDT in rewards for Futures traders.

The crypto markets are plunging as Bitcoin slashed below $95,000 in the times when the $100K milestone appeared to be extremely evident. Meanwhile, Solana, which smashed a new ATH a few days ago, appeared to have been closely following the star crypto.

Ethereum has reclaimed its position as the leading blockchain for Tether (USDT), surpassing Tron with a supply of $60.3 billion. The post Ethereum Surpasses Tron as Top Blockchain for Tether with $60.3 Billion USDT Supply appeared first on Cryptonews.

Swan Bitcoin sued former employees it alleged got help from Tether, and now accuses its own law firm of malpractice after it picked up the stablecoin issuer as a client.

Tether has minted an impressive $3 billion worth of USDT stablecoins in a recent move that is expected to boost liquidity across cryptocurrency markets. The majority of this issuance, $2 billion, was made on the Ethereum blockchain, while $1 billion was issued on the Tron network.

Customers would be able to borrow money using Bitcoin as collateral. Wall Street's and the crypto industry's mutually beneficial connection has grown stronger.

Ethereum reclaimed the top position against Tron on Nov. 21, and the gap has only widened since.

Cantor Fitzgerald is reportedly seeking support for its planned $2 billion bitcoin lending project from Tether. The firms are discussing expanding their existing collaboration to include this planned program in which Cantor Fitzgerald would lend dollars to clients who put up bitcoin for collateral, Bloomberg reported Sunday (Nov. 24).