Tether Stops Support for Bitcoin Layer Omni Citing Lack of Demand

Stablecoin issuer Tether said that it will discontinue support for Omni, a Bitcoin layer used for USDT transfers since 2014. Tether will also relinquish support for Kusama (KSM) and Bitcoin Cash (BCH) SLP implementations, according to the announcement. Omni is a software layer built on top of the Bitcoin blockchain. It was designed to enhance … Read more