Tether Halts USDT Issuance on Older Blockchain Networks
- Tether ends USDT issuance on older blockchains. Core decision explained.
- Transition prioritizes scalability, community demand.
- Omni Layer, SLP, Kusama, EOS, Algorand affected.
Tether plans to cease direct issuance and redemption of USDT on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand from September 1, 2025. The decision stems from low USDT volumes on these blockchains, prioritizing Solana and Avalanche instead.
Main Content
Tether’s Transition Strategy
Tether, the issuer of USDT , has updated its transition plan for older blockchains. The company will halt direct issuance and redemption of USDT on five networks, effective September 2025.
Paolo Ardoino, Tether’s CEO, confirmed the change. Tether won’t freeze smart contracts but ends USDT issuance on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand.
“Following the feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze the smart contracts on these networks. 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.” – Paolo Ardoino, CEO & CTO, Tether
The decision primarily impacts users on outdated blockchains, requiring migrating USDT holdings to more active chains. Tether’s move targets gaining efficiency under increasing demand for improved platforms.
Redirecting focus towards chains like Solana and Avalanche, Tether highlights a shift in technical resource allocation, separate from any financial reallocation. Users are advised to redeem or transfer USDT before the specified date, ensuring minimal disruption. Tether emphasizes that peer-to-peer transfers remain viable post-2025.
The legacy network transition aligns with past actions, where early discontinuations prompted liquidity to migrate smoothly. This reinforces Tether’s aim for a technological upgrade and streamlined operations.
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.
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