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On Nov. 27, stablecoin issuer Tether discontinued support for its euro-pegged stablecoin EURt (EURT) on all blockchains. Tether said the decision aligned with its broader strategic direction, citing Europe’s “evolving regulatory frameworks” on stablecoins. The stablecoin company said it was discontinuing support for EURT on all blockchains and would cease minting the tokens.
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