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$USDT 🟡Tether will eliminate USDT on 5 cryptocurrency networks
The dollar-pegged stablecoin will abandon Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Tether states that these networks lack community interest and active development of their protocols.
The company will halt the redemption of USDT and freeze the lagging stablecoins.
Tether, the issuer of the USDT stablecoin, announced that starting September 1, 2025, it will cease support for its cryptocurrency on five cryptocurrency networks: Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Communicated on July 11, 2025, the decision responds to a strategic review of the company's infrastructure.
This change will affect customers and users who hold USDT on these networks, who will need to redeem or migrate their tokens to other supported chains. The measure is part of an effort to optimize resources and focus on networks with greater activity and community and development support, according to a statement from Tether. The company explained that low adoption and little interest from developers in these five networks motivated the decision. According to Tether, maintaining USDT on networks with low activity incurs an operational cost that is not justified against the evolution of the global cryptocurrency ecosystem.
“The removal of support for these chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement, all of which are key components to driving the next wave of stablecoin adoption.”
The dollar-pegged stablecoin will abandon Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Tether states that these networks lack community interest and active development of their protocols.
The company will halt the redemption of USDT and freeze the lagging stablecoins.
Tether, the issuer of the USDT stablecoin, announced that starting September 1, 2025, it will cease support for its cryptocurrency on five cryptocurrency networks: Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Communicated on July 11, 2025, the decision responds to a strategic review of the company's infrastructure.
This change will affect customers and users who hold USDT on these networks, who will need to redeem or migrate their tokens to other supported chains. The measure is part of an effort to optimize resources and focus on networks with greater activity and community and development support, according to a statement from Tether. The company explained that low adoption and little interest from developers in these five networks motivated the decision. According to Tether, maintaining USDT on networks with low activity incurs an operational cost that is not justified against the evolution of the global cryptocurrency ecosystem.
“The removal of support for these chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement, all of which are key components to driving the next wave of stablecoin adoption.”
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