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Tether Drops USDT Support for Five Blockchains

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Tether will terminate the USDT operation on EOS and four blockchain. Tron Weekly says that the decision will be implemented September 1, 2025. There are signs that Tether seeks to go strategic in high usage blockchain economies. Recent data indicate falling of USDT circulation along these old chains. Tether aims at maximizing the performance of USDT on busier networks. The termination of the support will also assist in simplifying the blockchain side of Tether and its expenses. The investors expect better efficiency in the applications of Tether to dispense USDT.

Strategy’s Crypto Holdings Reach $70 Billion, Signaling Market Confidence

The holdings of strategy cryptocurrency exceeded 70 billion now. Its crypto assets are greater than the soft revenue of the firm which is $463 million. This implies that Strategy is having a robust interest shift towards making massive investments into cryptocurrencies. Investopedia reports that the capitalization of Strategy has reached an increase of $122.1 billion in the current market on account of Tether. The high priced tag indicates optimism among speculative investors in crypto markets.

The crypto investment signalled by Strategy is an indication of prolonged bullish mood in the markets. The largest asset in the growing crypto portfolio of Strategy is bitcoin. Learners in the investment business also believe that the action by Strategy just went to prove the long-term viability of cryptocurrency. The success of strategy promotes the further investment of institutions in digital assets.

Solana-Based Kamino Finance Surpasses $4 Billion TVL Milestone

Recently Kamino Finance hit a total value locked (TVL) of 4 billion. This significant achievement shows the booming growth of Kamino in decentralized finance (DeFi). The growing transaction volume backs the heavy growth in the TVL at Kamino by Solana. By June 2025, Solana performed approximately 65 million transactions a day. Large-scale processing puts Solana in the top position as a DeFi blockchain option.

Kamino finance uses high-performance capabilities of Solana to provide decentralized services efficiently. An increase in transactions volume demonstrates the adherence of investors to Kamino Finance. This milestone proves that Solana is an attractive scalable blockchain. Investors are expecting Kamino to keep growing in Solana DeFi ecosystem. The success of the Kamino Finance project shows that the Solana-launched DeFi has a high demand in the market. Market believes that Tether move is in line with changes in block chain requirements. USDT will still be adopted on popular blockchain solutions.

The post Tether Drops USDT Support for Five Blockchains appeared first on Coinfomania.

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