tether-invests-stabir

Tether invests in StablR

Stablecoins

December 18, 2024

Tether, known as the issuer of the popular stablecoin USDT, has invested in the European platform StablR. This deal, the financial details of which remain undisclosed, is part of its strategy to promote stablecoins in Europe.

StablR issues two key stablecoins — EURR and USDR. The platform plans to leverage Tether’s Hadron technology, an innovative solution that manages the full lifecycle of tokens, including issuance, monitoring, and compliance with regulatory requirements.

New opportunities

In July 2024, StablR received an Electronic Money Institution (EMI) license from the Malta Financial Services Authority, allowing the company to operate in full compliance with European regulations. EURR and USDR support ERC-20 and Solana blockchains, and with Hadron technology, there are plans to expand to new networks.

Why did Tether stop issuing EURT?

In November 2024, Tether ceased issuing the stablecoin EURT due to stricter European regulations following the adoption of MiCA. CTO Paolo Ardoino stated that the company would focus on supporting partners like StablR and advancing the Hadron platform.

Investing in the future

Tether continues to actively support promising European projects. In the same November, the company invested in the Dutch fintech firm Quantoz, which issued the stablecoins EURQ and USDQ. These assets, created on the Ethereum blockchain, fully comply with EU regulations and are issued by Quantoz Payments, a licensed subsidiary.

Challenges and prospects

MiCA tightens requirements for stablecoins but opens opportunities for companies ready to adapt. Successful examples include StablR and Quantoz, which combine innovation with regulatory compliance. Meanwhile, Tether is improving its KYC/AML tools, transaction monitoring, and risk management, making its products more attractive to businesses and regulators.