Tether to Cut Support for Five Legacy Blockchains

Tether, the world’s most widely used stablecoin issuer, will cease USDT redemptions and freeze remaining tokens on five older blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand — starting September 1, 2025. The company says the decision follows a steep decline in usage across these networks and reflects a broader strategy to streamline operations and focus on faster, more scalable ecosystems. Tether CEO Paolo Ardoino said the company is phasing out legacy blockchains to refocus on faster, more active networks that can support the future growth of stablecoins. The company is increasingly backing high-efficiency networks like

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