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3h ago

Tether Drops USDT Freeze, Marks Omni, BCH SLP, Kusama, EOS and Algorand as Unsupported

Community pushback prompted a pivot toward higher‑use networks with a forthcoming RGB‑based USDT on Bitcoin.

Tether revises wind-down strategy for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand
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Overview

  • Tether will stop minting and redeeming USDT on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, reclassifying those tokens as unsupported.
  • On‑chain transfers on the affected networks will continue to function, but official support and redemption routes from Tether end.
  • The update replaces a June–July plan to freeze tokens starting Sept. 1, 2025, after feedback from developers and users on the impacted chains.
  • Tether cites declining activity on the legacy networks and a desire to reduce maintenance overhead as key reasons for the change.
  • The company is reallocating resources to high‑demand ecosystems and plans a native USDT launch on Bitcoin via the RGB protocol.