News from N/A 1

Tether has abandoned its plan to freeze USDT on legacy blockchains including Bitcoin Cash, Kusama, EOS, and Algorand, opting instead to label them as ‘unsupported’ networks. Under the new approach, users can still transfer existing tokens but Tether will cease issuing or redeeming USDT on these platforms. The reversal comes after weeks of criticism from developers and users who would have been locked out of their assets under the original freeze plan. This strategic pivot allows Tether to streamline operations on low-volume chains while avoiding reputational damage. The announcement coincides with Tether’s plans to launch native USDT on Bitcoin using the RGB protocol, signaling a shift toward prioritizing networks with higher adoption and new opportunities on Bitcoin.