Tether raises a decision to block USDT-SMART Contracts: Token on five blockchains remain transferable!

Tether raises a decision to block USDT-SMART Contracts: Token on five blockchains remain transferable!

Tether reverses decision to block USDT smart contracts

Tether, the company behind the stable cryptocurrency, has withdrawn his decision to block the USDT smart contracts to five blockchains. In a current message, Tether announced that the tokens on these networks remain transferable.

This U -turn comes in a context in which Tether wants to ensure the security and accessibility of his stablecoin for users on various blockchains. The decision to no longer freeze the smart contracts is perceived as positive by many in the crypto community because they promote the flexibility and liquidity of USDT.

The five blockchains on which the USDT tokens can still be transferred play an important role in the crypto ecosystem. The ability to transfer USDT without restrictions supports the various applications and platforms based on these blockchains.

Tether's reversal of the decision shows the company's commitment to building trust within the crypto community and improving user experience. By maintaining USDT's transferability on these networks, the stablecoin remains an important tool for crypto users worldwide.

Overall, this move by Tether highlights the dynamic nature of the cryptocurrency market and the need to respond flexibly to the needs of the community.