Tether Ends USDT Support on Five Blockchains
- 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.
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.
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
Polygon's Strategic Position Amid Instagram's Web3 Integration and Its Impact on POL Price Potential
- Polygon partners with Instagram to enable NFT minting, display, and sales within the app, accelerating Web3 mainstream adoption via 2 billion users. - Polygon's Layer 2 solutions (2.1s confirm time, $0.0009 fees) outperform Ethereum, enabling scalable, low-cost NFT transactions for mass-market use. - Q1 2025 saw 8.4M daily Polygon transactions and 410M wallets, with Instagram users driving 2.5M active wallets and Web3 engagement. - POL token analysis shows $0.24 price (mid-2025) with bullish $1.57 potent
Systemic Vulnerabilities in U.S. Federal Data Infrastructure: A Catalyst for Cybersecurity and Identity Protection Investments
- U.S. federal data infrastructure faces systemic vulnerabilities from cyberattacks, AI risks, supply chain issues, climate disruptions, and space system threats. - DHS/CISA identified five priority risks, including China-linked cyber threats and ransomware surging 65% in 2025, with U.S. agencies as top targets. - Cybersecurity spending hit $5.1 trillion in 2024, driven by zero-trust frameworks, AI-driven threat detection, and identity protection innovations. - Investors prioritize AI-centric firms (e.g.,
Ethereum's $5,000 Upside: A Strategic Case for Positioning Now Amid Diverging Analyst Views
- Ethereum's technical indicators show resilience with 18.66% price growth and bullish moving average alignment, supporting a $5,000 target. - Institutional confidence grows via $8.5B ETF inflows and $150B staked ETH, while on-chain data reveals 1.2M ETH withdrawn from exchanges. - Dovish Fed policy and 91.5% rate cut probability create favorable conditions for Ethereum's yield-generating proof-of-stake model. - Derivatives bearishness (10.6% open interest decline) signals contrarian buying opportunity ami
Stellar Lumens (XLM): A High-Conviction Play for $0.50 Breakout Amid Institutional Adoption and Strategic Upgrades
- Stellar Lumens (XLM) trades near $0.38–$0.40, forming a Bull Flag pattern with potential to reach $0.97 if $0.50 breakout confirms. - Institutional partnerships (PayPal, Societe Generale-FORGE) and $400B+ RWA tokenization validate Stellar's cross-border payment and liquidity infrastructure. - Protocol 23's parallel transactions enhance scalability, enabling $4B+ RWA payments while maintaining low costs and speed. - $0.50 level represents strategic milestone aligned with Fibonacci levels and institutional
Trending news
MoreCrypto prices
More
