Tether to Stop Minting Stablecoin USDT on Algorand and EOS

Tether to Stop Minting Stablecoin USDT on Algorand and EOS

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Source: Coindesk.com

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 community-driven blockchain support."

The project aims to "strike a balance between maintainability, usage and community interest," Tether said Monday in a blog post.

Read More https://www.coindesk.com/tech/2024/06/24/tether-to-stop-minting-stablecoin-usdt-on-algorand-and-eos/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Tether to Stop Minting Stablecoin USDT on Algorand and EOS" appeared first here Coindesk.com.

Source: Coindesk.com

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