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Tether to Stop Minting Stablecoin USDT on Algorand and EOS

The circulating supply of the dollar-linked stablecoin on the two blockchains represents only about 0.1% of the total USDT supply.

By Bradley Keoun|Edited by Stephen Alpher
Updated Jun 24, 2024, 2:22 p.m. Published Jun 24, 2024, 2:20 p.m.
Tether cited "usage" and "community interest" as factors in its decision to discontinue support for the USDT stablecoin on the EOS and Algorand blockchains. (Creative Commons)
Tether cited "usage" and "community interest" as factors in its decision to discontinue support for the USDT stablecoin on the EOS and Algorand blockchains. (Creative Commons)