TechFlow reports, according to an official announcement, Tether, the stablecoin issuer, recently declared it will cease minting and issuing USDT on the Kusama, Omni, and Bitcoin Cash (BCH) blockchains.
Tether will stop minting USD₮-Omni, USD₮-Kusama, and USD₮-BCHSLP starting August 17, 2023.
It will continue redeeming USDT on these three chains over the next 12 months. Users may also convert their tokens via supported exchanges.
Tether revealed it is developing an RGB solution to enable smart contract functionality on the Bitcoin Layer 2.




