#EOSProject #EOSProject

EOS has been a prominent player in the cryptocurrency space since its 2017 ICO, once considered a strong competitor to Ethereum. However, the project has faced ongoing legal disputes between its founding company Block.one and the EOS Foundation, which have significantly impacted its development and community support. In mid-2024, EOS suffered a major setback when Tether announced it would halt the minting of its USDT stablecoin on the EOS blockchain.