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The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.
Stablecoin issuer Tether is ending support for USDT on five "legacy" blockchains after previously halting minting on those ...
Tether has decided to suspend USDT redemption on five blockchains. This includes Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.
Tether will end USD₮ tether blockchain support for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand by September 2025.
USDT tokens on five legacy chains. The tokens will be frozen as of September 1, as Tether focuses on its busiest networks, ...
Tether is discontinuing USDt on five legacy blockchains, the company announced on July 11, which may decrease stablecoin utility and liquidity in those ecosystems.
Tether, the world’s largest stablecoin issuer, is ending support for five “legacy” blockchains — Algorand, Bitcoin Cash, EOS, Kusama, and Omni — in a move to ...
Tether announces the end of USDT minting on Eos and Algorand, effective June 24, 2024. The transition will be smooth, with ongoing redemption available for 12 months.
Tether, issuer of the world's largest stablecoin, said that it will stop minting the dollar-linked USDT token on the Algorand and EOS blockchains as part of a "strategic transition to prioritize ...
Quickly and easily calculate foreign exchange rates with this free currency converter. Further Information Tether - Algorand Conversion from Tether to Algorand Tether - Algorand Currency ...
Tether (USDT-USD), the issuer of the world’s most widely used stablecoin USDT, has announced the cessation of new USDT token minting on the EOS and Algorand blockchains. This move, effective ...