Happycoin.club - The issuer of the world's largest stablecoin, Tether, is adjusting its strategy by stopping issuing new USDT on the EOS and Algorand networks.

However, the organization will continue to buy stablecoins on these platforms over the next 12 months. The organization emphasizes that this process will go without interruption for users.

The deprecation of EOS and Algorand is aimed at maintaining a robust blockchain ecosystem for USDT and other Tether-issued tokens. In addition, this decision was dictated by the wishes of the community.

Along with this, Tether encourages the community to expand the use of USDT in every protocol.

Currently, the price of the USDT stablecoin is $0.999566, with a 24-hour trading volume of $53,829,062,141. Over the past 24 hours, the value of Tether has slightly increased by 0.01%. The market capitalization of the crypto asset is $112,892,696,322, and there are 112,941,691,563 coins in circulation.