Tether Adopts New Path: USDT Minting Ceases On Select Chains

Tether, the prominent stablecoin issuer, has unveiled a strategic shift in its support for various blockchains. Starting August 17, 2023, Tether will cease the issuance of USDT on Polkadot’s Kusama test chain, Bitcoin’s Omni Layer, and Bitcoin Cash’s SLP implementation.