Tether Ends Support for EOS and Algorand, USDT Minting Discontinued
Monday, 24 June 2024, 12:29
Tether Discontinues Support for EOS and Algorand
In a recent development, Tether has decided to discontinue its support for EOS and Algorand.
Halts USDT Minting on Both Blockchains
The company has also announced the cessation of USDT minting on these two blockchains.
- Impact: Investors and traders need to adapt to these changes in the cryptocurrency sphere.
- Implications: The decision can potentially affect the liquidity and trading dynamics of EOS and Algorand.
Overall, this move by Tether will have ripple effects on the crypto markets and requires careful monitoring by industry participants.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.