The creation of new EURT tokens, a cryptocurrency tied to the value of the euro with roughly €25.6 million ($27 million) in circulation, has already been shuttered, Tether said in a statement on Wednesday. Anyone holding EURT should redeem their tokens within a year, the company added.
Stablecoins play a crucial role as gateways to cryptocurrency markets because they’re an intermediary step for using fiat money to buy tokens like Bitcoin, ...
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