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Cryptocurrency News Articles

Tether (USDT) Issuer to Stop Minting Its Stablecoin on Algorand and EOS Blockchains

Jun 25, 2024 at 12:00 am

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.

Tether (USDT) Issuer to Stop Minting Its Stablecoin on Algorand and EOS Blockchains

Tether, the company behind the world’s largest stablecoin, announced on Monday that 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.

From Monday, Tether will停止在新区块链上铸造 USDT。不过,该公司将在未来 12 个月内继续从这些区块链上赎回这种稳定币。此举表明,Tether 打算精简其运营,并优先考虑使用率和社区参与度更高的平台。

USDT 在各大区块链上的分布情况目前,市面上流通的 USDT 总量约为 1130 亿美元,分布在 16 条不同的区块链上。

尽管分布如此广泛,但大部分 USDT 都集中在两条区块链上:Tron 上有 590 亿美元,Ethereum 上有 520 亿美元。

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相比之下,Algorand 上只有 8500 万美元的 USDT,仅占总供应量的 0.08%,而 EOS 只有 1700 万美元,即总供应量的 0.015%。

对 Algorand 和 EOS 的影响

停止在 Algorand 和 EOS 上铸造 USDT 的决定反映了这两个平台的使用率相对较低。对于这些区块链上的用户和开发人员来说,未来一年的赎回 USDT 的能力将保持不变,从而产生一个过渡期。

此项更改可能会促使人们转向 Tron 和 Ethereum 等更流行的平台,这两个平台的 USDT 使用率要高得多。

Tether 停止在 Algorand 和 EOS 上铸造 USDT 的举动凸显了其战略重点,即支持拥有更广泛社区参与度和更高使用率的区块链。

通过将资源集中在更流行的平台上,Tether 旨在增强其稳定币运营的稳定性和可维护性。

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