29 August 2025 – Tether, the most important firm within the digital asset ecosystem, as we speak introduced an replace to its transition plan for 5 legacy blockchains: Omni Layer, Bitcoin Money SLP, Kusama, EOS, and Algorand.
Greater than a yr in the past, in July 2024, Tether introduced plans to wind down help by ceasing redemptions and freezing USD₮ tokens on these legacy blockchains beginning September 1, 2025.
Following the suggestions from the communities of those discontinued blockchains, Tether has revised this strategy and is not going to freeze the sensible contracts on these networks.
Whereas customers will nonetheless have the ability to switch the tokens between wallets, Tether will discontinue direct issuance and redemption on these blockchains. This implies the tokens will now not be formally supported as different Tether tokens.
This determination aligns with Tether’s broader technique, which stays centered on increasing help for ecosystems with the strongest developer exercise, scalability, and person demand.
Tether stays dedicated to a easy transition and can proceed to interact with the group to make sure transparency and readability all through this course of.
For extra updates, go to: https://tether.io
