Tether Shifts Focus: EURT Ends, EURQ and USDQ to Launch

Maxwell Mutuma
By Maxwell Mutuma Add a Comment
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Tether Shifts Focus: EURT Ends, EURQ and USDQ to Launch

Tether has announced that it will discontinue its euro-pegged stablecoin, EURT, by November 27, 2025. The company cited regulatory uncertainties in Europe as a key reason for ceasing support for the product. Tether will now focus on expanding its new ventures, including the launch of MiCAR-compliant stablecoins, EURQ and USDQ, powered by Tether’s Hadron technology.

Tether Shifts Focus: EURT Ends, EURQ and USDQ to Launch = The Bit Journal

Tether Halts EURT Development Amid Regulatory Concerns

Tether stated that it ceased development on EURT because of the developing European regulatory landscape. According to the company, this is not conducive to encouraging innovation on the one hand and user protection on the other. Tether CEO Paolo Ardoino stated,

“We have chosen to postpone other initiatives until a more risk-averse regulatory framework is set in.”

The company’s lauded support for EURT had been limited. However, reality, which represents a sliver of total stablecoin circulation, now led EURT to halt support despite its ground-breaking revelation. The USDT, tether’s USD-backed stablecoin, remains king of the market with a total circulation of around $133 billion. Meanwhile, at the time of the announcement, EURT’s market cap was a paltry $38 million.

Tether Shifts Focus: EURT Ends, EURQ and USDQ to Launch = The Bit Journal

Instead, the company will develop EURQ and USDQ stablecoins, which will comply with the European Union’s MiCAR (Markets in Crypto-Assets Regulation) framework. The idea is that the new stablecoins will be more aligned with regulatory standards and offer more stability, says the stablecoin issuer. This also marks just how Tether is committed to producing products that are both innovative and regulatory compliant.

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Hadron Platform Powers USDT’s Next Stablecoin Ventures

Tether’s strategic shift to EURQ and USDQ stems from its overall dedication to the Hadron platform. Tether’s blockchain technology platform, Hadron, aims to demystify asset tokenization. It comes with tools for stablecoin issuance, compliance, and anti-money laundering (AML) requirements, with a particular focus on compliance.

The architecture of Hadron supports tokenizing a wide variety of assets, including stocks, bonds, currencies, and loyalty points—more complex assets likely, however. Tether will use Hadron to deliver exceptional solutions to financial institutions, fund managers, governments, and private companies. The platform’s advanced compliance tools are expected to generate a secure platform for the creation and management of new stablecoins.

Tether Shifts Focus: EURT Ends, EURQ and USDQ to Launch = The Bit Journal

Hadron also marks that the stablecoin issuer is bullish on the blockchain’s future and will continue to be part of revolutionizing it. As regulation in Europe and elsewhere cranks up, Hadron is ready to provide a compliant stablecoin issuer framework. The demand for blockchain solutions in asset tokenization and digital finance is growing, and the company wants to cash in on that.

Tether’s decision to phase out EURT has sparked mixed reactions in the crypto community. The European Union’s regulatory approach, in general, and its framework of MiCAR regarding stablecoin collateralization have faced some opposition. Critics say these regulations might introduce a higher risk to users because those rules may favour bank-backed stablecoins over collateralized ones like USDT and EURT.

USDT remains optimistic, though, that its new stablecoins EURQ and USDQ will continue to undergo challenges in the coming days. The company sees these tokens as more adaptable to a changing regulatory environment. However, Tether said it will continue to offer its users secure, usable, and sustainable stablecoins despite regulatory hurdles ahead.

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