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Tether Ends USDT Redemptions on Five Legacy Blockchains Starting September 1

Tether, the issuer of the world’s largest stablecoin, announced on Friday that it will discontinue redemptions for USDt (USDT) on five legacy blockchains beginning September 1. The affected networks are Omni Layer, Bitcoin Cash SLP, Kusama, EOS (now known as Vaulta), and Algorand.

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