Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand support to stop on 1 September 2025
July 11, 2025 – Tether, the largest company in the ecosystem of the digital power, has announced an update today about his plan to end USD ₮ exchange and to freeze the remaining tokens on five legacy blockchains – omni -layer, Bitcoin Cash SLP, Kusama, Earthoreerde, of Powered, of Powered, of Powered, of Powering, of Powering, of Powering, of Powering, of Power, 2025. block chains.
Tether’s decision follows an extensive overview of blockchain user data, market demand and feedback from stakeholders of the community and infrastructure partners. Although these networks played a fundamental role in the early growth of Tether, the volume of USD ₮ that is circulating on them has fallen considerably over the past two years.
“As the ecosystem of digital assets evolves, Tether remains committed to adapting,” said Paolo Ardoino, CEO of Tether. “Supporting sunset for these Legacy chains enables us to concentrate on platforms that offer more scalability, developer activity and community involvement – all important components for stimulating the next wave of Stablecoin adoption.”
The decision reflects the strategic pivot from Tether to support Layer 2 networks (eg Lightning Network) and other emerging block chains that offer improved interoperability, speed and ecosystem growth. By re -increasing resources from under -utilized block chains, Tether doubles platforms that better operate its worldwide user base.
Tether customers who hold USD ₮ on Omni, Kusama, SLP, EOS and Algorand, have to pay off their companies as quickly as possible or, if desired, request a issue of USD ₮ on a supported blockchain, in accordance with our service conditions. Holders who are not customers can try to migrate their USD ₮ holdings to a supported blockchain via an available service provider in accordance with the conditions of those providers.
Tether continues to investigate collaborations and integrations with innovative blockchain ecosystems to broaden the accessibility and usefulness of USD ₮. This includes expanding support for scalable Layer 2 networks and Defi-Native chains where user activity and development of developers are robust.
Go to: https://tether.io/ For more information and current updates: https://tether.io/