According to ChainCatcher news and Tether's official announcement, Tether will stop euro redemptions on all supported blockchains on November 27, 2025. Tether had already stopped minting euro stablecoins back in 2022.
Tether CEO Paolo Ardoino stated that Tether's decision to scale back in the Eurozone is not a hasty move, but rather that before establishing a more risk-averse regulatory framework in Europe, which will first promote innovation and provide users with the stability and protection they deserve while avoiding potential systemic risks, we have chosen to prioritize other initiatives.
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Tether Euro stablecoin will stop on-chain redemptions today.
According to ChainCatcher news and Tether's official announcement, Tether will stop euro redemptions on all supported blockchains on November 27, 2025. Tether had already stopped minting euro stablecoins back in 2022. Tether CEO Paolo Ardoino stated that Tether's decision to scale back in the Eurozone is not a hasty move, but rather that before establishing a more risk-averse regulatory framework in Europe, which will first promote innovation and provide users with the stability and protection they deserve while avoiding potential systemic risks, we have chosen to prioritize other initiatives.