Tether Euro
Market Open
4 Jun, 22:51
$
1. 136000
+0.0071
+0.6289%
$
1,027 Volume
$ 1.1289
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EURTUSD Overview
EURTUSD denotes the exchange rate between Tether Euro (EURT) and the US Dollar (USD), quoting how many US dollars are required to purchase one unit of EURT. It provides a USD-denominated view of a euro-pegged stablecoin and is quoted on various spot and derivative venues.
Tether Euro (EURT) is a fiat-backed stablecoin token issued by Tether (Tether Limited) and introduced in 2019. Funded by euro-denominated reserves, EURT is blockchain-based and available on multiple networks; it is designed to track the euro’s value rather than operate as a decentralized currency. Issuance and redemption are managed by the issuer, so circulating supply adjusts in response to demand.
The EURTUSD rate is determined by market forces across cryptocurrency exchanges: trading supply and demand, liquidity in order books, and arbitrage activity between EURT and other euro or dollar instruments. Broader drivers include conventional EUR/USD foreign-exchange moves, macroeconomic data, central bank policy, and shifts in market sentiment or stablecoin-specific news.
Market participants use EURTUSD to obtain euro exposure without fiat rails, to hedge currency risk, and to settle cross-border transactions or margin positions. For traders, the pair facilitates arbitrage and liquidity provisioning between euro and dollar markets.
While EURT aims for euro parity, short-term deviations can occur; liquidity and volatility vary by venue and market conditions.
Tether Euro (EURT) is a fiat-backed stablecoin token issued by Tether (Tether Limited) and introduced in 2019. Funded by euro-denominated reserves, EURT is blockchain-based and available on multiple networks; it is designed to track the euro’s value rather than operate as a decentralized currency. Issuance and redemption are managed by the issuer, so circulating supply adjusts in response to demand.
The EURTUSD rate is determined by market forces across cryptocurrency exchanges: trading supply and demand, liquidity in order books, and arbitrage activity between EURT and other euro or dollar instruments. Broader drivers include conventional EUR/USD foreign-exchange moves, macroeconomic data, central bank policy, and shifts in market sentiment or stablecoin-specific news.
Market participants use EURTUSD to obtain euro exposure without fiat rails, to hedge currency risk, and to settle cross-border transactions or margin positions. For traders, the pair facilitates arbitrage and liquidity provisioning between euro and dollar markets.
While EURT aims for euro parity, short-term deviations can occur; liquidity and volatility vary by venue and market conditions.
EURTUSD Chart
EURTUSD FAQ
What is the current Tether Euro price?
The current price is $1.136000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.0071 (+0.6289%), showing how much the asset has moved compared to the previous close.
What is the previous close for Tether Euro?
The previous close was $1.128900, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+0.6289%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($1.110200) and highest ($1.136000) prices traded during the selected period, helping assess volatility.
Why is Tether Euro (EURT) moving today?
Price movements in Tether Euro are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($1.136000) is above the previous close ($1.128900), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Tether Euro?
You can view real-time charts, price updates, and market data for Tether Euro (EURT) directly on this page.
