Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Tether to end USDT support for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand in September

Tether to end USDT support for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand in September

Cryptobriefing2025/07/11 20:45
By:Cryptobriefing

Key Takeaways

  • Tether will end USDT support and freeze tokens on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains starting September 1, 2025.
  • The company will focus on high-utility chains and expand support for layer 2 networks like Lightning Network.

Share this article

Tether has announced it will phase out USDT support for five underused blockchains — Omni, BCH SLP, Kusama, EOS, and Algorand. USDT redemptions on these legacy blockchains will be completely discontinued on September 1, 2025.

The decision comes as Tether ramps up efforts to streamline operations and focus on high-utility networks. Those networks no longer align with Tether’s infrastructure priorities and strategic direction.

“Tether’s decision follows a comprehensive review of blockchain usage data, market demand, and feedback from community stakeholders and infrastructure partners. While these networks played a foundational role in Tether’s early growth, the volume of USDT circulating on them has declined significantly over the past two years,” Tether stated in a Friday announcement.

The company behind the largest stablecoin by market cap is prioritizing actively developed ecosystems that offer greater scalability, strong developer communities, and better integration potential.

Tether CEO Paolo Ardoino said in a statement that Tether wants to stay relevant and efficient as the industry continues to change and grow. Ending support for older blockchains gives Tether the ability to focus its time, money, and technical resources on networks that are more active, scalable, and widely used by developers and users.

Tether users holding USDT on the affected blockchains are advised to redeem their holdings or request issuance on a supported blockchain, in accordance with the company’s Terms of Service.

The company plans to expand support for layer 2 networks, including the Lightning Network, and other emerging blockchains offering improved interoperability and speed.

Tether noted that it continues to explore partnerships with blockchain ecosystems where user activity and developer engagement are strong.

Share this article

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

MicroStrategy splurges $800 million, Harvard’s holdings surge 200%: Are whales bottom-fishing or is this the prelude to a bull trap?

MicroStrategy and Harvard University increased their positions against the trend during the bitcoin market correction—MicroStrategy purchased 8,178 bitcoins, and Harvard increased its holdings in BlackRock’s bitcoin ETF. The market shows a pattern of retail investors selling while institutions are buying, but the scale of institutional accumulation is difficult to offset the pressure from ETF capital outflows. Summary generated by Mars AI This summary was generated by the Mars AI model, and its accuracy and completeness are still being iteratively updated.

MarsBit2025/11/20 15:26
MicroStrategy splurges $800 million, Harvard’s holdings surge 200%: Are whales bottom-fishing or is this the prelude to a bull trap?