The post Tether May Phase Out USDT Support on Five Legacy Blockchains to Focus on Scalable Networks appeared on BitcoinEthereumNews.com.

Tether is officially discontinuing USDT support on five legacy blockchains as part of its strategic infrastructure optimization. This move follows the earlier cessation of minting on these networks, signaling a shift towards more scalable and actively developed blockchain platforms. According to Tether CEO Paolo Ardoino, focusing on high-utility blockchains is essential for driving the next phase of stablecoin adoption. Tether ends USDT support on five legacy blockchains to enhance scalability and community engagement, refocusing on high-utility networks and layer-2 solutions. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Tether’s Strategic Shift: Ending USDT Support on Legacy Blockchains Tether, the issuer of the largest stablecoin USDT, announced the termination of support for its stablecoin on five legacy blockchains effective September 1. This decision marks the conclusion of redemptions and the freezing of remaining assets on these networks, which include Algorand, EOS (now Vaulta), Bitcoin Cash, Kusama, and Omni Layer Protocol. Previously, Tether had halted minting on these blockchains throughout 2023, reflecting a gradual phase-out process. The company cited a significant decline in trading volume on these chains as a key factor in its decision to optimize infrastructure and reallocate resources towards blockchains with higher utility and active development. Implications for USDT Holders and Blockchain Ecosystem USDT holders on the affected blockchains are urged to redeem their tokens promptly or request issuance on supported platforms to avoid asset freezes. This transition…

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Filed under: News - @ July 12, 2025 2:27 am