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Tether Stops USDT Minting on EOS, Algorand

usdt

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By Aduragbemi Omiyale A notable player in the global cryptocurrency market, Tether, has discontinued the minting of its token, USDT, on the EOS and Algorand. In a statement made available to Business Post, it said this will take effect from today, Monday, June 24, 2024, noting that the decision was taken to prioritise community-driven blockchain support. However, it emphasised that it would continue to support the protocols and chains that the community finds useful and encourage the community to expand the use cases of USDt on every protocol. “Tether will stop minting USD₮ on EOS and Algorand starting today, June

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