Tether has announced it will cease support for USD₮ on a number of blockchains starting September 1, 2025 due to declining usage.
Changes in Tether's Blockchain Support
Tether will officially end support for USD₮ on the Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains. According to Tether's CEO Paolo Ardoino, this decision is due to low USDT circulation on these platforms over recent years. "As the digital asset ecosystem evolves, Tether is committed to adapting. Ending support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement."
Impact on Liquidity and Operations
This decision impacts blockchain liquidity and operations, urging users to migrate to networks such as Ethereum and Tron, which have maintained higher USDT dominance and usage until now. Financial and technical frameworks on affected blockchains will require adjustments.
Guidance for Affected Stakeholders
Stakeholders, including developers and token holders, are advised to follow migration guidelines. The industry anticipates effects on decentralized applications currently reliant on these legacy chains.
Tether's decision could influence future regulatory frameworks and blockchain usage patterns. Historical trends indicate that past shifts have led to migration towards more active platforms like Ethereum and Tron.