According to BlockBeats, on June 24, Tether officially announced that it would give priority to supporting community-driven blockchains, so it decided to stop supporting EOS and Algorand. Starting from June 24, 2024, Tether will no longer mint USDT on EOS and Algorand. However, Tether will still redeem USDT on EOS and Algorand in the next 12 months. Further changes may be evaluated and announced at that time.