The post USDT Users Get Surprise Reprieve as Tether Reverses Freeze Plan appeared on BitcoinEthereumNews.com. Blockchain Stablecoin giant Tether has changed its plan to freeze USDT smart contracts on five blockchains, opting instead to keep tokens transferable, though no longer issued or redeemed. The affected networks are Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Tether confirmed Friday that the decision followed direct feedback from those communities, stressing that while these chains will remain functional for transfers, they will not receive further official support. Why the Change? The company originally intended to fully freeze contracts starting Sept. 1, but backlash from developers and users pushed it to revise course. Instead, Tether said it will concentrate its resources on blockchains with proven adoption and strong developer activity. That means Ethereum and Tron will continue to dominate Tether’s roadmap. Together, they carry more than $153 billion worth of circulating USDT, with BNB Chain in third place at $6.78 billion, according to DeFiLlama. Limited Impact Beyond Omni Layer Data shows Omni Layer is the most affected chain, still holding roughly $83 million USDT in circulation. EOS trails far behind with $4.2 million, while Kusama, Bitcoin Cash SLP, and Algorand together host less than $3 million combined. Tether had already begun winding down support, halting new issuance on Omni, Kusama, and BCH SLP in 2023, followed by EOS and Algorand in 2024. Stablecoins Enter a New Era The update comes as the stablecoin market grows rapidly under fresh political momentum. With the GENIUS Act signed into law by President Donald Trump, the U.S. has formally embraced dollar-pegged tokens as part of its strategy to reinforce the greenback’s dominance in global trade. Analysts believe the total stablecoin market could surge to $2 trillion by 2028, more than six times its current size of $285.9 billion. USDT and USDC already account for the vast majority of that supply, at $167.4… The post USDT Users Get Surprise Reprieve as Tether Reverses Freeze Plan appeared on BitcoinEthereumNews.com. Blockchain Stablecoin giant Tether has changed its plan to freeze USDT smart contracts on five blockchains, opting instead to keep tokens transferable, though no longer issued or redeemed. The affected networks are Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Tether confirmed Friday that the decision followed direct feedback from those communities, stressing that while these chains will remain functional for transfers, they will not receive further official support. Why the Change? The company originally intended to fully freeze contracts starting Sept. 1, but backlash from developers and users pushed it to revise course. Instead, Tether said it will concentrate its resources on blockchains with proven adoption and strong developer activity. That means Ethereum and Tron will continue to dominate Tether’s roadmap. Together, they carry more than $153 billion worth of circulating USDT, with BNB Chain in third place at $6.78 billion, according to DeFiLlama. Limited Impact Beyond Omni Layer Data shows Omni Layer is the most affected chain, still holding roughly $83 million USDT in circulation. EOS trails far behind with $4.2 million, while Kusama, Bitcoin Cash SLP, and Algorand together host less than $3 million combined. Tether had already begun winding down support, halting new issuance on Omni, Kusama, and BCH SLP in 2023, followed by EOS and Algorand in 2024. Stablecoins Enter a New Era The update comes as the stablecoin market grows rapidly under fresh political momentum. With the GENIUS Act signed into law by President Donald Trump, the U.S. has formally embraced dollar-pegged tokens as part of its strategy to reinforce the greenback’s dominance in global trade. Analysts believe the total stablecoin market could surge to $2 trillion by 2028, more than six times its current size of $285.9 billion. USDT and USDC already account for the vast majority of that supply, at $167.4…

                                                                               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