14-7-2025 – Tether, the issuer of the world’s largest stablecoin USDT, will cease support for its token on five legacy blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—effective September 1, 2025, as part of a strategic infrastructure overhaul, first reported by Coinlive.
The decision will freeze remaining tokens and halt redemptions on these networks, urging users to migrate their USDT holdings to other supported blockchains. The move follows Tether’s 2023 announcement to scale back operations on these chains due to declining usage, with the company now prioritizing platforms with higher scalability, developer activity, and user engagement.
CEO Paolo Ardoino emphasized that redirecting resources to modern, high-utility blockchains, such as Layer 2 networks, will enhance transaction efficiency and support the growing adoption of stablecoins. The affected blockchains, once key to Tether’s early growth, have seen reduced activity, prompting this shift to align with evolving market demands. The decision impacts users holding USDT on these networks, who risk losing access to their tokens if they fail to transfer them before the deadline.
Tether’s focus on scalable ecosystems signals a broader industry trend toward optimizing infrastructure for decentralized finance (DeFi) and high-throughput applications. However, the move may reduce liquidity for smaller ecosystems like Algorand and EOS, potentially affecting their market relevance. Investors and developers are advised to monitor Tether’s guidelines for migrating tokens and watch for updates on its integration with emerging blockchain platforms.