Tether Ends USDT Support on Five Blockchains
- Tether ends USDT support on five blockchains by 2025.
- Focus shifts to more active networks.
- No significant impact on Ethereum ETH -0.80% or Tron users.
Tether, the issuer of the USDT stablecoin, announced it will discontinue support for five blockchains, including Omni, by September 2025.
Tether’s decision affects liquidity distribution, presenting minimal risk to major USDT platforms while hinting at strategic scalability priorities.
Overview
Tether, led by CEO Paolo Ardoino, will stop USDT support by September 2025 on Omni, Bitcoin BTC -1.06% Cash SLP, Kusama, EOS, and Algorand. Ending support allows redirection of resources toward more scalable networks with active developer communities. Tether, as explained in the official statement, cited low activity and demand as reasons for deprecating these legacy chains. Ardoino mentioned that shifting focus helps utilize resources efficiently. Major USDT blockchains like Ethereum and Tron remain unaffected.
Ending support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement. — Paolo Ardoino, CEO, Tether
Strategic Implications
Tether’s announcement implies a deliberate move toward optimizing its stablecoin operations on platforms with significant adoption. The decision signals a concentration on enhancing network scalability and developer contributions. Tether’s review observed a decline in USDT activity on the deprecated blockchains, indicating a preference for more vibrant platforms. This strategic decision reflects evolving industry priorities emphasizing community engagement and increased scalability. As major exchanges like Binance share the announcement, the impact on USDT liquidity distribution remains under close observation. Although some governance tokens on the affected chains might see sentiment impacts, the broader market stability is unaffected. CEO Ardoino emphasizes that scaling resources efficiently benefits Tether‘s operations and the wider cryptocurrency ecosystem.
