Tether has decided to suspend USDT redemption on five blockchains. This includes Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.

The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

Stablecoin issuer Tether is ending support for USDT on five "legacy" blockchains after previously halting minting on those ...

Tether dominates with a 62% market share and commensurate revenue, with USDT and Circle’s USDC accounting for 83% of ...

The so-called Genius Act, which the House will now deliberate, also requires stablecoin issuers to back their tokens with ...

A new U.S. law threatens to cement the dominance of a shape-shifting dollar over the euro — and every other currency.

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