Tether halts USDT issuance on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand, leaving tokens unsupported yet transferable.
- Tether halts USDT issuance and redemption on five legacy blockchains.
- Tokens on these chains remain transferable but unsupported.
- Focus shifts toward Ethereum and Tron for future issuance.
Tether has halted its initial plan to freeze USDT on five legacy chains, announcing on August 29, 2025, that issuance and redemption will cease, leaving tokens unsupported yet transferable.
The decision reflects Tether’s adaptation to user feedback, redirecting focus towards major chains like Ethereum and Tron, impacting operational dynamics and liquidity distribution across the crypto ecosystem.
Tether announced on August 29, 2025, that it will end USDT issuance on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand, leaving tokens unsupported but still transferable.
The shift affects operational efficiency and reallocates resources to more active chains, reflecting Tether’s response to user feedback.
Tether Ceases USDT on Five Legacy Chains
Tether plans to cease USDT issuance and redemption on five legacy chains, leaving these tokens unsupported. Despite this change, token transfer functions remain operational, allowing users to move assets.
The change impacts Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Tether cited low adoption rates and seeks to focus resources on more active protocols.
Resources Shift to Ethereum and Tron Platforms
This decision primarily impacts operational costs and developers focusing on underused blockchains. Tether has decided to reroute resources toward Ethereum and Tron. Direct funding impacts were not cited, with emphasis on asset migration.
User and developer feedback drove this reversal, signaling Tether’s adaptive response to avoid asset lock-ups. Migration tools are advised for those on legacy platforms to maintain liquidity.
While users will still be able to transfer the tokens between wallets, Tether will discontinue direct issuance and redemption on these blockchains. This means the tokens will no longer be officially supported as other Tether tokens. — Tether Official Announcement
Trend Towards Consolidation on Active Networks
The move to halt USDT activity on minor chains echoes previous decisions during shifts away from other low-adoption networks. Tokens remain transferable, but liquidity migration challenges persist.
Experts foresee a continued trend towards consolidation on robust networks like Ethereum. Adapting to evolving user needs demonstrates Tether’s commitment to efficiency in a changing market landscape.
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