The post Tether Updates Transition Strategy for Legacy Blockchains appeared on BitcoinEthereumNews.com. Ted Hisokawa Aug 31, 2025 12:32 Tether announces revised plans for five legacy blockchains, ending direct issuance but allowing token transfers, reflecting strategic focus on ecosystems with strong developer activity. Tether, a leading entity in the digital asset sector, has announced significant changes to its transition strategy for several legacy blockchains. These blockchains include Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. According to Tether, this update follows an initial announcement made in July 2024 regarding plans to end support by ceasing redemptions and freezing USD₮ tokens on these platforms starting September 1, 2025. Community Feedback Influences Strategy Initially, Tether intended to freeze the smart contracts on these networks. However, following feedback from the respective blockchain communities, the company has decided not to proceed with freezing these contracts. While the tokens can still be transferred between wallets, Tether will stop direct issuance and redemption on these blockchains. This adjustment means these tokens will not be officially supported like other Tether tokens. Strategic Realignment This decision is part of Tether’s broader strategy to concentrate its efforts on ecosystems that exhibit strong developer activity, scalability, and user demand. By reallocating resources, Tether aims to enhance its support for blockchains that promise robust growth and technological advancements. Commitment to Transparency Tether has expressed its commitment to ensuring a smooth transition process and will maintain open communication with the community to provide transparency and clarity. The company emphasizes its dedication to aligning its operations with the evolving demands of the digital asset landscape. Image source: Shutterstock Source: https://blockchain.news/news/tether-updates-transition-strategy-legacy-blockchainsThe post Tether Updates Transition Strategy for Legacy Blockchains appeared on BitcoinEthereumNews.com. Ted Hisokawa Aug 31, 2025 12:32 Tether announces revised plans for five legacy blockchains, ending direct issuance but allowing token transfers, reflecting strategic focus on ecosystems with strong developer activity. Tether, a leading entity in the digital asset sector, has announced significant changes to its transition strategy for several legacy blockchains. These blockchains include Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. According to Tether, this update follows an initial announcement made in July 2024 regarding plans to end support by ceasing redemptions and freezing USD₮ tokens on these platforms starting September 1, 2025. Community Feedback Influences Strategy Initially, Tether intended to freeze the smart contracts on these networks. However, following feedback from the respective blockchain communities, the company has decided not to proceed with freezing these contracts. While the tokens can still be transferred between wallets, Tether will stop direct issuance and redemption on these blockchains. This adjustment means these tokens will not be officially supported like other Tether tokens. Strategic Realignment This decision is part of Tether’s broader strategy to concentrate its efforts on ecosystems that exhibit strong developer activity, scalability, and user demand. By reallocating resources, Tether aims to enhance its support for blockchains that promise robust growth and technological advancements. Commitment to Transparency Tether has expressed its commitment to ensuring a smooth transition process and will maintain open communication with the community to provide transparency and clarity. The company emphasizes its dedication to aligning its operations with the evolving demands of the digital asset landscape. Image source: Shutterstock Source: https://blockchain.news/news/tether-updates-transition-strategy-legacy-blockchains

                                                                               BPCE will let millions of customers buy and sell BTC, ETH, SOL and USDC directly inside its banking apps.                     French banking heavyweight BPCE is preparing to introduce crypto trading to millions of its retail customers, making it one of the first major traditional European banks to offer digital assets. According to a report from The Big Whale, the group will allow users to buy and sell Bitcoin (BTC), Ether (ETH), Solana (SOL) and USDC (USDC) directly inside its Banque Populaire and Caisse d’Épargne mobile apps starting Monday.The initial rollout will cover clients of four regional banks, including Banque Populaire Île-de-France and Caisse d’Épargne Provence-Alpes-Côte d’Azur, reaching roughly 2 million customers. BPCE plans to extend the service gradually across its remaining 25 regional entities through 2026, ultimately making crypto trading available to its full 12-million-strong retail base.Read more