Tether Provides Update on Transition Plan for Legacy Blockchains

29 August 2025 – Tether, the biggest firm within the digital asset ecosystem, in the present day introduced an replace to its transition plan for 5 legacy blockchains: Omni Layer, Bitcoin Money SLP, Kusama, EOS, and Algorand.

Greater than a 12 months in the past, in July 2024, Tether introduced plans to wind down help by ceasing redemptions and freezing USD₮ tokens on these legacy blockchains beginning September 1, 2025.

Following the suggestions from the communities of those discontinued blockchains, Tether has revised this method and is not going to freeze the good contracts on these networks.

Whereas customers will nonetheless be capable to switch the tokens between wallets, Tether will discontinue direct issuance and redemption on these blockchains. This implies the tokens will not be formally supported as different Tether tokens.

This resolution aligns with Tether’s broader technique, which stays centered on increasing help for ecosystems with the strongest developer exercise, scalability, and person demand.

Tether stays dedicated to a easy transition and can proceed to have interaction with the group to make sure transparency and readability all through this course of.

For extra updates, go to: https://tether.io