Key points about Tether's decision to stop supporting EOS and Algorand
- Tether will stop minting #USDT on EOS and Algorand starting June 24, 2024.
- Tether will continue to redeem USDT on $EOS
EOS and Algorand for 12 months.
- This decision will allow Tether to prioritize community-driven blockchain support.
- EOS and Algorand implementations will be discontinued.
- Tether's goal is to allocate resources where they can best enhance security and efficiency while continuing to support innovation across the crypto landscape.
