Tether: No plans to freeze smart contracts on Omni Layer, Kusama, EOS, Algorand, and other blockchains for now
According to Jinse Finance, official sources report that Tether previously announced plans to gradually discontinue support for USDT token redemption and freezing on the Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains starting from September 1, 2025. However, based on feedback from the communities of these discontinued blockchains, Tether has decided to revise this approach and will not freeze smart contracts on these networks. Although users can still transfer tokens between wallets, Tether will cease direct issuance and redemption of tokens on these blockchains.
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.
You may also like
Fed's Daly believes tariff-related price increases are a one-time impact
BTC falls below $108,000
Cobo-JD Technology RWA project approved for Hong Kong Cyberport "Blockchain and Digital Assets Pilot Program"
International Business Settlement plans to issue $500 million in shares and invest HK$450 million in the Web3 sector
Trending news
MoreCrypto prices
More
