Key Highlights:

• USDT support ends Sept 1 on Omni, EOS, BCH SLP, Algorand, and Kusama

• Tether pivots toward Layer 2 networks, developer-rich chains, and active ecosystems

Yello Paradisers! Tether is pulling the plug on five low-utility blockchains. Starting September 1, 2025, the stablecoin giant will no longer support USDT issuance or redemption on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Token activity on these chains will be frozen, and users are being asked to move or redeem their assets before the cutoff.

The move is part of a broader pivot as Tether trims technical overhead and realigns with chains that show stronger growth signals. In a Friday statement, the company cited shrinking usage, reduced developer contributions, and lagging infrastructure as reasons for the phaseout. CEO Paolo Ardoino emphasized that this decision is about efficiency and future-readiness, Tether wants to direct its engineering and financial resources toward ecosystems that show real momentum.

While Omni and EOS were once foundational to Tether’s early expansion, data now shows a dramatic decline in circulating USDT on those networks. By contrast, newer networks like Ethereum, Tron, and Solana continue to dominate issuance, while Layer 2 solutions like Lightning Network and ZK-rollups are rising as next-gen settlement rails.

Tether plans to expand support for these newer architectures and deepen partnerships across active ecosystems where liquidity, user activity, and tooling are rapidly evolving. The company’s goal is to maintain relevance not by clinging to legacy integrations, but by doubling down where growth is happening, from programmable money apps to lightning-fast cross-chain bridges.

This shake-up may impact some legacy holders, but it also signals that Tether is shedding dead weight as the industry tilts toward speed, scalability, and composability. USDT holders on the affected chains are urged to redeem or migrate their tokens in accordance with the Terms of Service.

We will explore the market and infrastructure implications of this move in our upcoming MCP News Private post. This exact topic will also be covered in our next stream, including how these sunsets could tighten USDT’s grip across Layer 2s.

Strategic Implication for Traders and Projects

This move marks another shift in stablecoin dominance, one that favors agility, user activity, and cross-chain integration. If you’re still holding USDT on legacy chains, now’s your last boarding call.

This update will be discussed in our next stream, and here’s what our analysts will break down.

MCP News Private will follow up with a deeper breakdown plus real-time reactions from the market. For just $3/month, less than a haircut in most cities or one overpriced smoothie, you get the expert breakdowns bottled water can’t deliver. You can’t drink our news, but you’ll wish you could. It’s that refreshing.