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By Francisco Rodrigues, AI Boost|Edited by Aoyon Ashraf
Jul 12, 2025, 3:16 p.m.
- Tether will discontinue support for USDT on five lesser-used blockchains (Omni Layer, Bitcoin Cash’s Simple Ledger Protocol, Kusama, EOS, and Algorand) on September 1, 2025.
- The decision is due to declining usage of USDT on these networks over the past two years.
- Tether will focus on platforms such as Layer 2 networks and newer blockchains.
Tether has announced it will wind down USDT on five lesser-used blockchains after usage on those networks wanes.
Redemptions and token minting on Omni Layer, Bitcoin Cash’s Simple Ledger Protocol, Kusama, EOS, and Algorand are set to stop on Sept. 1, 2025. Remaining tokens are to be frozen on the same day, according to a statement.
STORY CONTINUES BELOW
Together, the five networks carry only a sliver of USDT’s roughly $156 billion float. Tether says the usage of USDT on these networks, which it touts as playing a role in the firm’s early growth, has declined “significantly” over the past two years.
“Sunsetting support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement — all key components for driving the next wave of stablecoin adoption,” Tether CEO Paolo Ardoino said in the statement.
The firm will redirect its focus to Layer 2 networks such as the Lightning Network and to newer blockchains that promise faster settlement and richer developer tooling.
Tether has asked its customers holding USDT on the five networks to redeem their holdings as soon as possible or request issuance of their tokens on a supported blockchain. Token holders can migrate their tokens through blockchain bridges or exchanges.
The lion’s share of Tether’s $156 billion fiat is currently circulating on Tron and Ethereum, which together make up over 95% of the total. Solana is the only other network with more than 1% of USDT’s supply in circulation, according to RWA.xyz data.
Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.
Francisco is a reporter for CoinDesk with a passion for cryptocurrencies and personal finance. Before joining CoinDesk he worked at major financial and crypto publications. He owns bitcoin, ether, solana, and PAXG above CoinDesk’s $1,000 disclosure threshold.
“AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk’s AI Policy.
