Tether has announced a strategic transition to discontinue support for EOS and Algorand blockchains. The company will stop minting its stablecoin, USDT, on these platforms starting June 24, 2024. This move is part of Tether's plan to prioritize community-driven blockchain support. The transition will be completed within the next 12 months, during which redemptions will remain open. The affected blockchains include $EOS and $ALGO.
Tether Stops Minting USDT Stablecoin on EOS and Algorand ► https://t.co/ey2yQncf3p https://t.co/ey2yQncf3p
Tether to stop minting stablecoin $USDT on Algorand and EOS. @liqquidity reports https://t.co/CwO3W7rwwo
Tether plans to sunset USDT minting on two major blockchain ecosystems over a year-long transitionary period https://t.co/SKyNjvtdZQ
Tether will stop minting $USDT on @EOSNetworkFDN and @Algorand #EOS #Algorand https://t.co/xQJraeBFUv https://t.co/RhryyRZciT
.@Tether_to stops minting USDT on EOS and Algorand gives 1 year for redemptions via @akibablade https://t.co/kgmM54jNh3
[THE BLOCK] #Tether discontinuing support for $EOS and Algorand, ends $USDt minting on both blockchains $ALGO
Tether discontinuing support for EOS and Algorand, ends USDT minting on both blockchains https://t.co/hmnt7ezqOf
TETHER ENDS $USDT MINTING ON EOS AND ALGORAND - THE DEATH OF AN ECOSYSTEM? - $USDT issuer @Tether_to has today announced its is terminating the minting of its stablecoin on the below two networks: @EOSNetworkFDN $EOS @Algorand $ALGO - The termination will come into effect… https://t.co/AfWhzgaAk2 https://t.co/wLYMKBZ4eI
🚨JUST IN: TETHER TO TERMINATE $USDT SUPPORT FOR $EOS AND $ALGO STARTING TODAY JUNE 24TH - REDEMPTIONS WILL STAY OPEN FOR NEXT 12M
Tether announced a strategic transition to prioritize community-driven blockchain support. Tether will stop supporting EOS and Algorand and will stop issuing USDT on EOS and Algorand. The transition will be completed within the next 12 months. https://t.co/4GihXRUgih
.@Tether_to has introduced #Alloy, a new line of #cryptocurrency assets designed to return to the gold standard, with the first asset being $AUSDT, a token tracking the U.S. dollar backed by #TetherGold (XAU₮) ⬇️ https://t.co/Ld1owK2JSo
ICYMI: Tether introduces Alloy, a new platform for minting stablecoins like aUSDT using Tether Gold as collateral. Potentially revolutionizing digital asset management and investment opportunities... https://t.co/GWCfhmUivs
💎Tether Unveils Alloy: Gold-Backed Digital Dollars for the Modern Era! 💰✨ 🌟🔐Experience the fusion of gold's timeless stability with the dynamic world of digital currency. Discover aUSDT, Tether's innovative step towards the future of finance! 🚀🔗 Learn more here: 👉… https://t.co/dzeJzbd69N
📌 #Tether Launches New Digital Asset Backed by Tether #Gold https://t.co/QfDwKcGo9c aUSD₮ a USD-stablecoin over-collateralized by Tether Gold (XAU₮) #fintech #toeknization @sytaylor @LexSokolin @Xbond49 @FrankJSchwab @richardturrin @RitaMartinsUK @cgledhill @anton_golub https://t.co/P9VyV3EMLw