The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

USDT tokens on five legacy chains. The tokens will be frozen as of September 1, as Tether focuses on its busiest networks, ...

Stablecoin issuer Tether is ending support for USDT on five "legacy" blockchains after previously halting minting on those ...

Tether will end USD₮ tether blockchain support for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand by September 2025.

Tether has decided to suspend USDT redemption on five blockchains. This includes Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.

Tether is discontinuing USDt on five legacy blockchains, the company announced on July 11, which may decrease stablecoin utility and liquidity in those ecosystems.

Tether will end USDT redemptions on five blockchains by September 1 to focus on networks with higher usage and better ...

Tether, the world’s largest stablecoin issuer, is ending support for five “legacy” blockchains — Algorand, Bitcoin Cash, EOS, Kusama, and Omni — in a move to ...

Tether announces the end of USDT minting on Eos and Algorand, effective June 24, 2024. The transition will be smooth, with ongoing redemption available for 12 months.

On Algorand, there's just $85 million of USDT, or only 0.08% of the total supply; on EOS, just $17 million, or 0.015% of total supply. Tether Stablecoin Tron Ethereum Algorand EOS.

On Algorand, there's just $85 million of USDT, or only 0.08% of the total supply; on EOS, just $17 million, or 0.015% of total supply. Tether cited "usage" and "community interest" as factors in ...