Quick HighlightsTether halts issuance/redemption on 5 blockchains by Sept 2025Smart contracts stay active, allowing wallet-to-wallet transfersCompany shifts focus to scalable networks and Bitcoin-native solutionsTether Updates Transition Plan for Legacy BlockchainsOn August 29, 2025, Tether — the world’s largest stablecoin issuer announced an update to its transition plan affecting five legacy blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.From Freeze to FlexibilityIn July 2024, Tether said it would stop buying back and freeze USDT on these networks starting September 1, 2025. Following feedback from user communities, the company adjusted its approach: smart contracts will not be frozen.This means users will still be able to transfer USDT between wallets on these blockchains. However, new issuance and redemption of tokens will stop, effectively ending official company support for them.Strategic Refocus on High-Activity EcosystemsTether explained the decision as part of its broader strategy to concentrate on ecosystems with strong developer activity, scalability, and user demand.The company emphasized:“Tether remains committed to a smooth transition and will continue to engage with the community to provide transparency and clarity throughout this process.”Expansion Through Bitcoin-Based ProtocolsJust a day earlier, Tether announced the launch of USDT on the RGB protocol, a new layer-two solution for issuing digital assets on Bitcoin. This will allow users to hold the stablecoin natively alongside BTC in compatible wallets, expanding utility and adoption.Tether CEO Paolo Ardoino noted:“The first cryptocurrency network deserves a native stablecoin.”Quick HighlightsTether halts issuance/redemption on 5 blockchains by Sept 2025Smart contracts stay active, allowing wallet-to-wallet transfersCompany shifts focus to scalable networks and Bitcoin-native solutionsTether Updates Transition Plan for Legacy BlockchainsOn August 29, 2025, Tether — the world’s largest stablecoin issuer announced an update to its transition plan affecting five legacy blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.From Freeze to FlexibilityIn July 2024, Tether said it would stop buying back and freeze USDT on these networks starting September 1, 2025. Following feedback from user communities, the company adjusted its approach: smart contracts will not be frozen.This means users will still be able to transfer USDT between wallets on these blockchains. However, new issuance and redemption of tokens will stop, effectively ending official company support for them.Strategic Refocus on High-Activity EcosystemsTether explained the decision as part of its broader strategy to concentrate on ecosystems with strong developer activity, scalability, and user demand.The company emphasized:“Tether remains committed to a smooth transition and will continue to engage with the community to provide transparency and clarity throughout this process.”Expansion Through Bitcoin-Based ProtocolsJust a day earlier, Tether announced the launch of USDT on the RGB protocol, a new layer-two solution for issuing digital assets on Bitcoin. This will allow users to hold the stablecoin natively alongside BTC in compatible wallets, expanding utility and adoption.Tether CEO Paolo Ardoino noted:“The first cryptocurrency network deserves a native stablecoin.”

Tether Scales Back on 5 Blockchains but Expands Bitcoin Plans

2025/08/30 17:17
2분 읽기
이 콘텐츠에 대한 의견이나 우려 사항이 있으시면 crypto.news@mexc.com으로 연락주시기 바랍니다

Quick Highlights

  • Tether halts issuance/redemption on 5 blockchains by Sept 2025
  • Smart contracts stay active, allowing wallet-to-wallet transfers
  • Company shifts focus to scalable networks and Bitcoin-native solutions

Tether Updates Transition Plan for Legacy Blockchains

On August 29, 2025, Tether — the world’s largest stablecoin issuer announced an update to its transition plan affecting five legacy blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.

From Freeze to Flexibility

In July 2024, Tether said it would stop buying back and freeze USDT on these networks starting September 1, 2025. Following feedback from user communities, the company adjusted its approach: smart contracts will not be frozen.

This means users will still be able to transfer USDT between wallets on these blockchains. However, new issuance and redemption of tokens will stop, effectively ending official company support for them.

Strategic Refocus on High-Activity Ecosystems

Tether explained the decision as part of its broader strategy to concentrate on ecosystems with strong developer activity, scalability, and user demand.

The company emphasized:

Expansion Through Bitcoin-Based Protocols

Just a day earlier, Tether announced the launch of USDT on the RGB protocol, a new layer-two solution for issuing digital assets on Bitcoin. This will allow users to hold the stablecoin natively alongside BTC in compatible wallets, expanding utility and adoption.

Tether CEO Paolo Ardoino noted:

시장 기회
LETSTOP 로고
LETSTOP 가격(STOP)
$0.00943
$0.00943$0.00943
-0.84%
USD
LETSTOP (STOP) 실시간 가격 차트
면책 조항: 본 사이트에 재게시된 글들은 공개 플랫폼에서 가져온 것으로 정보 제공 목적으로만 제공됩니다. 이는 반드시 MEXC의 견해를 반영하는 것은 아닙니다. 모든 권리는 원저자에게 있습니다. 제3자의 권리를 침해하는 콘텐츠가 있다고 판단될 경우, crypto.news@mexc.com으로 연락하여 삭제 요청을 해주시기 바랍니다. MEXC는 콘텐츠의 정확성, 완전성 또는 시의적절성에 대해 어떠한 보증도 하지 않으며, 제공된 정보에 기반하여 취해진 어떠한 조치에 대해서도 책임을 지지 않습니다. 본 콘텐츠는 금융, 법률 또는 기타 전문적인 조언을 구성하지 않으며, MEXC의 추천이나 보증으로 간주되어서는 안 됩니다.

$30,000 in PRL + 15,000 USDT

$30,000 in PRL + 15,000 USDT$30,000 in PRL + 15,000 USDT

Deposit & trade PRL to boost your rewards!