Tether Ends USDT Support on Five Blockchains

Tether announces the end of USDT support on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand from September 2025 to focus on high-scoring networks.

Key Takeaways:

Tether ends USDT support on five blockchains for better scalability.
CEO Paolo Ardoino announced the change for adapting to ecosystem shifts.
Error-free token redemption is possible until then.

tethers-strategic-transition-ending-usdt-support-on-select-blockchains — Tether’s Strategic Transition: Ending USDT Support on Select Blockchains

Tether will stop supporting USD₮ on the Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains starting September 1, 2025, due to declining usage.

Tether’s Shift in Blockchain Support

Tether will officially end support for USD₮ on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. This decision, starting in 2025, is due to low USDT circulation on these platforms over recent years.

CEO Paolo Ardoino of Tether stated the shift allows a focus on chains with more significant scalability and developer activity. The firm aims to reallocate resources to ensure optimal performance across preferred networks. “As the digital asset ecosystem evolves, Tether is committed to adapting. Ending support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement.” source

Impact on Liquidity and Operations

The decision impacts blockchain liquidity and operations, prompting users to migrate to networks like Ethereum and Tron. Both platforms have maintained higher USDT dominance and usage until now.

Financial and technical frameworks on affected blockchains need adjustments. Tether’s focus on developer engagement suggests enhanced collaborations on supported networks. No changes in funding or external grants are linked to this decision.

Guidance for Affected Stakeholders

Stakeholders, including developers and token holders, are advised to follow migration guidelines. The industry anticipates effects on decentralized applications currently reliant on these legacy chains.

Looking forward, Tether’s decision could influence future regulatory frameworks and blockchain usage patterns. Historical trends show past shifts led to migration towards Ethereum and Tron, offering new opportunities in those ecosystems.

贝莱德ETF钱包转入Coinbase 3215枚BTC与3.89万枚ETH｜链上侦探

据 BlockBeats 10 月 23 日消息，链上监测平台 Onchain Lens 追踪到贝莱德旗下 ETF 钱包向 Coinbase 转入 3,215 枚 BTC 和 38,900 枚 ETH。报道援引合计约 3. 5563 亿美元，但未注明估值时点与价格口径，该金额暂视为参考数据而非独立核实结果。