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New USDT will cease to be minted on Algorand and EOS starting on Monday, though Tether will continue redeeming the stablecoin on the two chains for the next The move follows Tether’s August 2025 decision to stop minting USDT on three other blockchains: Kusama, Bitcoin Cash’s Simple Ledger Protocol (SLP), and the Tether (USDT-USD), the issuer of the world’s most widely used stablecoin USDT, has announced the cessation of new USDT token minting on the EOS and Algorand Tether is ending USDT support on Algorand and EOS. The stablecoin issuer disclosed this decision in a blog post on Monday, June 24, citing a “strategic transition to The announcement stated that starting from today, J, Tether will stop minting USDT on EOS and Algorand. However, for the next 12 months, Tether will Tether will discontinue support for EOS and Algorand implementations by stopping the minting of USDT on both blockchains today. USDT redemptions on EOS and

Tether Ends USDT Minting on EOS and Algorand: What You Need to Know

Tether, the issuer of the world's most widely used stablecoin, USDT, has announced it will discontinue support for EOS and Algorand implementations by stopping the minting of USDT on both blockchains, effective today, June 24. This marks a significant strategic shift for the stablecoin giant. The announcement stated that starting from today, Tether will stop minting USDT on EOS and Algorand.

Why is Tether Ending USDT Support on Algorand and EOS?

Tether is ending USDT support on Algorand and EOS due to a “strategic transition.” The stablecoin issuer disclosed this decision in a blog post on Monday, June 24, citing internal assessments. This move follows Tether’s August 2025 decision to stop minting USDT on three other blockchains: Kusama, Bitcoin Cash’s Simple Ledger Protocol (SLP), and Bitcoin Cash's CashToken.

What Happens to Existing USDT on EOS and Algorand?

While new USDT will cease to be minted on Algorand and EOS starting on Monday, Tether will continue redeeming the stablecoin on the two chains for the next 12 months. USDT redemptions on EOS and Algorand will continue to be supported during this period. This allows users to convert their existing USDT holdings on these blockchains.

Key Takeaways: Tether Ends USDT Minting on EOS and Algorand

  • Tether will discontinue support for EOS and Algorand implementations by stopping the minting of USDT on both blockchains today.
  • New USDT will cease to be minted on Algorand and EOS starting on Monday.
  • Tether will continue redeeming the stablecoin on the two chains for the next 12 months.

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