🚨 Tether “discontinues” USDT on 5 blockchains
Starting from 1/9/2025, Tether will stop supporting USDT on: Algorand, BCH (SLP), EOS, Kusama, and Omni – due to low liquidity and a lackluster community.
📌 Users need to withdraw or transfer USDT to another chain before the deadline. After that, the tokens will be frozen.
📌 Tether's CEO confirmed that this is a streamlining step to focus on larger networks like TRON and Ethereum – which account for over 95% of the total USDT supply.
📌 Omni – the first chain of USDT since 2014 – is also being phased out as it has become “outdated”.
➡️ If you hold USDT on these 5 chains, it’s time to “move out”.