Tether’s USDT will abandon these 5 blockchain networks forever
Usdt says goodbye forever to Omni, Bitcoin Cash, Kusama, Eos and Algorand. It is part of Tether’s update strategy to adapt to dynamic ecosystem changes.
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- Tether announces definitive exit of the OMNI, Bitcoin Cash, Kusama, Eos and Algorand networks.
- The measure means that the reimbursements will be suspended for those 5 block chains.
- The remaining USDT tokens in these networks will freeze from September 1.
- The biggest stable still runs in dozens of blockchains, including Bitcoin.
USDT, the Stablecoin bigger in the world, you are saying goodbye to five networks Blockchain definitively.
In a statement this Friday, Tether announced the suspension of stable currency services in block chains Omni, Bitcoin Cash, Kusama, Eos and Algorand as part of a strategic infrastructure review.
The company said the decision is part of a broader effort to optimize infrastructure, align with community use trends and reorient resources towards Blockchains high utility.
The measure means that the reimbursements will be suspended and the remaining tokens in those chains will freeze from September 1.
The giant emitter of Stablecoins had reported on the plans to stop taking advantage of the networks OMNI, Kusama and Bitcoin Cash To issue USDT initially in 2023 due to low demand. While at that time the stablcoins minting was suspended in those networks was, reimbursements for cash bills were kept active so far.
“Tether’s decision is the result of an exhaustive review of blockchain’s use, market demand and comments from the interested parties of the community and infrastructure partners,” The company pointed out in today’s statement, providing an update on the progress of these plans.
Goodbye forever Omni, Kusama, Bitcoin Cash, Eos and Algorand
Development marks a decisive moment for USDT, which was originally launched in 2014 using Omni Layer as its transport protocol, allowing tokens transactions linked to the US dollar in the Blockchain of Bitcoin.
OMNI It is a decentralized software platform built on the block chain of Bitcoin which allows the creation and exchange of personalized digital assets, such as tokens that represent coins or assets.
USDT issuance in Kusama –a Blockchain experimental that shares the code of Polkadot and is known as his “Red Canaria”– and in Bitcoin Cash –a bifurcation of Bitcoin that uses the protocol Simple Ledger Protocol (SLP) to issue assets such as Stablecoins– They came later; But its adoption was always disappointing compared to other networks.
“While these networks played a fundamental role in Tether’s initial growth, the volume of USD ₮ that circulates in them has decreased significantly in the last two years“, wrote Tetherreiterating the initial reasons for your decision.
Eos became the fourth in 2019 Blockchain in supporting USDT, after OMNI, Ethereum and Tron. The following year Algorand continued, although, the adoption in that network was minimal, with only USD $ 841,000 of USDT in circulation in 2025.
Tether adapts to blockchain evolution
Change occurs months after Tether will be integrated with the ecosystem of Bitcoin As I had never done before. In January, USDT started running on the network of Bitcoin thanks to Taproot Assetsas well as in the second -layer protocol, Lightning Network.
“As the digital asset ecosystem evolves, Tether maintains his commitment to adapt with him ”said CEO, Paolo Ardoino in this Friday’s statement. “Stop supporting these inherited chains allows us to focus on platforms that offer greater scalability, developer activity and community commitment, all of them key components to boost the next wave of adoption of Stablecoin ”.
Tether He invited customers to keep USDT in the networks close to suspension, to redeem their holdings. “as soon as possible“Or, if you wish, to request USDT issuance in a compatible network.
“Holders that are not customers can try to migrate their USD ₮ holdings to a compatible block chain through a service provider available according to the terms of those suppliers“Add the notice.
USDT, linked to the US dollar and with a massive market capitalization of USD $ 159 billion, runs more than a dozen networks Blockchainincluded Ethereum, Tron, Solana, Ton, zeal and Apt.
Hannah Estefanía Pérez / Diariobitcoin
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