Tether halts USDT minting on Algorand and EOS

Tether, the issuer of the world’s largest stablecoin, has announced it will stop minting its dollar-linked USDT token on the Algorand and EOS blockchains. This decision is part of a strategic shift to focus on community-driven blockchain support, aiming to balance maintainability, usage, and community interest. Strategic transition in focus Starting Monday, Tether will cease

Source: Invezz