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Crypto DeFi

BOB to End Support for oUSDT on Oct 31, Urges Users to Bridge Out

BOB announced on X that it will stop supporting oUSDT on the BOB network on Oct 31, giving holders until that deadline to move the asset out via a cross-chain bridge. The protocol urged users holding oUSDT on BOB to complete the transfer before support ends.

Original source

AI take

The significance here is less about oUSDT itself than about the precedent: a network setting a hard cutoff for a bridged asset and pushing holders to migrate on their own, which puts the operational burden on users rather than on the protocol. That matters most for anyone who parked oUSDT on BOB and may not be monitoring announcements closely, since the deadline is the only forcing function. The open question is whether similar deprecations follow for other bridged assets on the network, and whether holders clear positions ahead of the cutoff or leave balances stranded.

Generated by AI for reference only.

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