Tether to discontinue USD₮ redemptions and freeze remaining tokens on five legacy blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand on September 1, 2025. Holders are urged to migrate to supported chains asap.

Tether has announced that it will discontinue USD₮ (USDT) redemptions and new issuance on five legacy blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—effective 1 September 2025, as part of a strategic infrastructure review. Tether describes these networks as having seen a significant decline in circulating USD₮ volume over the past two years and says the move will allow the company to reallocate resources toward blockchains with higher usage, better scalability, and more active developer communities, including major L1s and Layer 2 solutions such as the Lightning Network. The decision continues a phased withdrawal that began when Tether halted new USDT minting on some of these chains between 2023 and mid‑2024. Under the plan, USDT holders on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand are urged to redeem or migrate their tokens before the September 2025 cutoff. Tether customers can redeem directly with Tether or request issuance on a supported chain in line with its terms of service, while non‑customers are expected to use exchanges or other service providers to move their balances to still‑supported networks. After the cutoff date, Tether will no longer provide redemptions on these blockchains and has stated in its initial communication that remaining tokens would be frozen, effectively rendering them unusable, although a later transition update in August 2025 revised this to ending official support while leaving smart contracts unfrozen for transfers. For the broader market, the change underscores Tether’s shift away from underused or aging infrastructure toward ecosystems with stronger demand and technical capabilities, and it highlights the dependence of stablecoin holders on issuer support decisions at the blockchain level.

✨ AI-generated background, compiled from web sources — not editorial content.

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• Tether Ends USDT Support on 5 Blockchains by Sept 2025 - (altcoinbuzz.io)
• Tether (cryptocurrency) - Wikipedia (en.wikipedia.org)

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