Learn more

Tether, the issuer of the world’s largest stablecoin, has announced it will stop minting its dollar-linked USDT token on the Algorand and EOS blockchains. This decision is part of a strategic shift to focus on community-driven blockchain support, aiming to balance maintainability, usage, and community interest. Strategic transition in focus Starting Monday, Tether will cease minting new USDT on Algorand and EOS. However, the company will continue redeeming the stablecoin on these blockchains for the next 12 months. This move signifies Tether’s intention to streamline its operations and priorit…

cuu