Tether Suspends Support for EOS and Algorand Blockchains
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Tether stopped the creation of USDT on the EOS and Algorand blockchains yesterday.

Although USDT can still be redeemed on EOS and Algorand for the next 12 months, Tether will re-evaluate and possibly announce new changes after this period.

In an official announcement, Tether has emphasized its commitment to execute this transition with minimal disruption and prioritizing a seamless user experience.

According to Tether, constantly evaluating and balancing current transport layers is crucial to maintaining security, efficiency and supporting innovation in the cryptocurrency space.

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