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Tether Pulls the Plug: USDT Support Axed for Multiple Blockchains in Shock Move
Tether Pulls the Plug: USDT Support Axed for Multiple Blockchains in Shock Move
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Tether just dropped a bomb on crypto traders—USDT’s multi-chain era is ending. The stablecoin giant announced it’s cutting support for several blockchain networks, forcing millions in liquidity to migrate or evaporate.
Here’s what’s breaking:
The domino effect could be brutal. Projects built on affected chains now face a liquidity crisis, while exchanges scramble to update their systems. Meanwhile, Tether’s CTO claims this ‘streamlining’ will improve security—conveniently ignoring the chaos it’ll cause first.
Bonus jab: Another masterclass in ‘decentralization’ from the company that prints money faster than the Fed during a crisis.
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