Tether has announced it will wind down USDT on five lesser-used blockchains after usage on those networks wanes.
Redemptions and token minting on Omni Layer, Bitcoin Cash’s Simple Ledger Protocol, Kusama, EOS, and Algorand are set to stop on Sept. 1, 2025. Remaining tokens are to be frozen on the same day, according to a statement.
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Author: Francisco Rodrigues