📣 Stable cryptocurrency Tether has announced that it will no longer support USDT on the Algorand and EOS blockchains over the next 12 months, prioritizing more community-oriented networks. 🌐
• This decision is part of the company's strategy to balance retention, usage and community interest.
• Users will still be able to cash out USDT on Algorand and EOS until next year.
• Following the news, Algorand (ALGO) and EOS (EOS) tokens fell slightly, while their daily trading volumes increased by more than 100%.
What are your thoughts on this? 🤔 Let's discuss in the comments!