Leading Crypto News and Blockchain Technology Trends - 0xzx
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Tether will stop minting new USDT tokens on the EOS and Algorand networks starting June 24, 2024, due to strategic changes and community feedback. They will continue redeeming USDT on these platforms for the next 12 months. This decision aims to maintain a robust blockchain ecosystem by focusing on networks with higher security and efficiency. Tether encourages the community to expand USDT use cases across all supported protocols. Source: https://0xzx.com/2024062600044565407.html
Tether has announced a strategic shift to prioritize community-driven blockchain support, ending support for EOS and Algorand starting June 24, 2024. This move aims to enhance security, efficiency, and innovation across the crypto ecosystem. Tether will maintain support for these platforms for 12 months to ensure a smooth transition, emphasizing a community-focused approach to blockchain integration and usage. Source: https://0xzx.com/2024062514484564146.html