Tether USDT Redemptions Will Be Stopped on Multiple Blockchains in 2025
Tether USDT redemptions will end on Omni, Kusama, SLP, EOS, and Algorand blockchains by September 1, 2025.
Keep up with what's happening in the crypto world in real-time.
Tether USDT redemptions will end on Omni, Kusama, SLP, EOS, and Algorand blockchains by September 1, 2025.
In a follow-up of Tether's decision to stop issuing USDT on Algorand, EOS, Omni, and Kusama, the stablecoin giant revealed a crucial update today, July 11. As a broader approach to facilitate a robust and innovative blockchain ecosystem for USDT and EURT, the firm spotlighted its next steps in discontinuing support for the mentioned stablecoins
The stablecoin issuer Tether has revealed the timetable for sunsetting its support for USDT and EURT on multiple blockchain networks.
By announcing ahead of time, Binance hopes that it has given users the needed opportunity to adjust their positions and trading strategies accordingly.
Tether announces it will discontinue support for Omni, Kusama, SLP, EOS, and Algorand blockchains by September 2025, prioritizing community preferences and security.
Elliptic researchers highlighted the involvement of Tether's USDT stablecoin in billions' worth of illicit trades on the Huione Guarantee marketplace.
Binance, a major player in the digital asset exchange market, has revealed plans to remove several important Bitcoin (BTC) and Tether (USDT) margin pairs from its platform. This decision mainly affects pairs involving TrueUSD (TUSD).
Cryptocurrency use in Argentina skyrockets amid a paralysing 276% inflation.
This development addresses the longstanding challenges associated with transferring USDT between different chains. It has often been slow, expensive, and reliant on wrapped tokens that introduce additional risks.
USDT Stablecoin issuer Tether, is bringing blockchain and crypto education to Vietnam, through a strategic partnership announced Tuesday.
Argentinians are increasingly hoarding USDT in a bid to safeguard the value of their savings and fight hyperinflation, a new report has claimed.
Tether Operations Limited has announced its collaboration with the Vietnam Blockchain Association (VBA), which is meant to push blockchain and digital assets education in Vietnam. The collaboration seeks to enhance broader awareness of blockchain technologies in the country.
With more volatility potentially on the horizon, investors will need to adopt a vigilant stance with cryptos this week.
Tether and the Vietnam Blockchain Association announce a strategic collaboration to enhance blockchain and AI education in Vietnam through conferences and workshops.
Traders have exchanged USDT for over 55 billion dollars.
Wormhole introduces native USDT transfers on Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, and Avalanche, leveraging Uniswap v3 and PancakeSwap pools.
Tether USDT's 24-hour trading volume exceeds the combined total of the following five digital assets, including Bitcoin and Ethereum. Reflecting on Tether's dominance in trading volume provides insight into market liquidity.
The CEO of Tether Paolo Ardoino responded to OpenAI's recent hack by claiming localized AI models are the key to ensuring independence and privacy and preventing future hacks.
Tether CEO Paolo Ardoino recently took to the X social media network to warn about the pitfalls of centralized large language models (LLMs).
USDT stablecoin issuer Tether is reportedly working on decentralized artificial intelligence (AI) models, CEO Paolo Ardoino hinted on a Tweet.
Paolo Ardoino, the CEO of stablecoin issuing company Tether, expressed alarm over OpenAI's security breach, claiming that decentralized artificial intelligence models are the strongest defense against such attacks. What Happened: The man at the helm of affairs of a company behind the world's most traded cryptocurrency, Tether (CRYPTO: USDT), described the hack, the details of which were unearthed last week, as "scary.
Tether, the issuer of the USDT stablecoin, is developing decentralized artificial intelligence (AI) models as part of its drive into this sector.
Crypto analysts have used several on-chain metrics and indicators to analyze whether or not the Bitcoin top is already in for this bull run. This time, crypto analyst Thomas has alluded to USDT's dominance to determine Bitcoin's market top.
Tether, the company behind USDT, continues to face growing scrutiny due to alleged connections with major illicit transactions.
