Tether, the main issuer of stablecoins, is phasing out help for 5 older blockchains.
Beginning September 1, 2025, customers will now not have the ability to redeem or switch USDT tokens on Omni Layer, Bitcoin Money’s SLP, Kusama, EOS, and Algorand. The choice follows a strategic infrastructure evaluation geared toward streamlining operations and specializing in energetic, high-demand networks.
Legacy blockchains phased out
The corporate cited declining utilization, minimal developer exercise, and decrease transaction volumes as causes for ending help. Tether CEO Paolo Ardoino defined that this transfer permits the corporate to refocus on platforms that supply higher scalability and group engagement.
“These chains had been essential in Tether’s early development,” stated Ardoino. “However immediately, we have to prioritize velocity, interoperability, and adoption.”
Tether emphasised that the choice was pushed by blockchain utilization information and suggestions from ecosystem companions.
Focus shifts to Layer 2 and rising ecosystems
Wanting forward, Tether plans to double down on fast-growing Layer 2 networks just like the Lightning Community and develop into ecosystems with stronger developer traction. These efforts intention to make USDT extra accessible and helpful throughout DeFi and fee platforms worldwide.
Tether customers with balances on the soon-to-be-discontinued chains are suggested to redeem or migrate their USDT holdings earlier than the cutoff. Redemptions will stay out there by official channels, whereas third-party suppliers could supply migration choices.
As a part of its growth technique, Tether continues exploring new blockchain integrations to broaden stablecoin entry and utility in rising digital economies.
Kosta has been working within the crypto business for over 4 years. He strives to current completely different views on a given subject and enjoys the sector for its transparency and dynamism. In his work, he focuses on balanced protection of occasions and developments within the crypto house, offering data to his readers from a impartial perspective.
