Tether, the company behind the world's largest stablecoin, announced on Monday that it will stop minting new USDT coins on the $EOS blockchain and the $ALGO blockchain.

📍The issuer indicated its desire to maintain a strong and innovative ecosystem as part of its strategy.

🚨What is the motivation behind this decision and is Tether’s recent announcement a strong blow to the EOS and ALGO blockchains?

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