End of Era? Binance Will Cease Support For OMNI
According to a recent announcement, Binance will "cease support for deposit and withdrawal service on the OMNI network" on April 30th, 2021, at 00:00 UTC.
The only explanation given in the official release is that Binance aims to "provide users with a better and smoother experience."
The world's leading stablecoin, Tether's USDT, currently uses the OMNI network (among others) and has about $1.3 billion USDT in circulation on it.