
Tether Shakes Up the Stablecoin World, Sunsetting USDT on Five Blockchains
In a strategic move to streamline its operations, Tether, the powerhouse behind the world’s largest stablecoin, USDT, has officially ceased minting on five blockchain networks. This decision signals a pivotal shift, focusing resources on more vibrant and widely adopted platforms. Tether’s announcement isn’t a fire alarm but a calculated recalibration.