Here’s Why Tether Has Ceased Minting USDT On EOS And Algorand

Stablecoin issuer Tether has said it will stop minting the U.S. dollar-pegged USDT token on the Algorand and EOS blockchains.

Tether USDT sees rapid $580 million growth on Telegram-linked TON blockchain

Tether’s USDT supply is growing at its fastest rate on the Telegram-linked The Open Network (TON) blockchain. According to Tether’s transparency page, the stablecoin issuer has issued $580 million worth of USDT tokens on the blockchain, and its net circulation sits at $519 million as of press time.

Is crypto’s greatest crash around the corner? The threat of Tether’s (USDT) collapse

Could Tether’s USDT collapse trigger the greatest crypto crash ever? With mounting concerns and speculation, it’s time to ask if your investments are safe from this looming threat. The importance of Tether (USDT), as the largest stablecoin provider in the…

Tether To Halt USDT Support On EOS and Algorand, Shifting Focus To Community-Driven Blockchain Support

Tether has announced a strategic transition to prioritize community-driven blockchain support, revealing plans to discontinue USDT support on EOS and Algorand. This transition will be completed within the next 12 months, marking a significant shift in Tether’s strategy.

Tether to decommission USDT on Algorand and EOS

Tether plans to sunset USDT minting on two major blockchain ecosystems over a year-long transitionary period. 

Tron price rally continues as USDT transactions rises

Tron price has risen for three straight days after on-chain data pointed to robust performance of its ecosystem. TRX jumped to a high of $0.1185 on Friday, its highest point in a month. It has soared by over 7.65% from…