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.
about Tether Drops Freeze Plan, Labels Legacy Chains 'Unsupported'Kusama
0 posts last weekTether Ends USDT Support on 5 Blockchains
Tether has announced it will wind down support for its USDT stablecoin on five blockchains—Omni Layer, Bitcoin Cash SLP, Algorand, Kusama, and EOS—by September 1. The decision follows declining usage and aims to reallocate resources toward more active, scalable networks. Tether CEO Paolo Ardoino emphasized the need to focus on platforms with strong developer activity and community engagement. Affected users can redeem or migrate their USDT to supported chains. The move aligns with Tether’s broader strategy to expand into Bitcoin mining and innovative blockchain ecosystems while maintaining stablecoin dominance.
about Tether Ends USDT Support on 5 BlockchainsTether Ends USDT Support on 5 Legacy Blockchains
Tether is ending USDT redemptions on five legacy blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—starting September 1, as part of its infrastructure optimization strategy. The decision follows a phased withdrawal over the past two years, with minting already halted on these networks. Tether CEO Paolo Ardoino cited declining usage and the need to prioritize scalable, high-utility chains like Layer 2 solutions. USDT remains the largest stablecoin with a $160B market cap. Users are advised to redeem or migrate holdings before the deadline, with third-party services available for assistance. Tether will continue expanding integrations to enhance global accessibility.
about Tether Ends USDT Support on 5 Legacy BlockchainsTether Ends USDT Support on Five Blockchains
Tether has announced it will cease USDT support on five blockchains—Algorand, EOS (Vaulta), Bitcoin Cash, Kusama, and Omni Layer Protocol—by September 1, freezing remaining assets. The decision aligns with declining trading volumes on these ‘legacy’ chains and aims to prioritize scalable, developer-friendly networks. Tether CEO Paolo Ardoino emphasized the shift toward layer-2 solutions and growing ecosystems. USDT holders on affected chains must redeem or migrate tokens. The move coincides with regulatory discussions, including the U.S. GENIUS Act, highlighting stablecoins’ role in dollar dominance. USDT remains the top stablecoin with a $160B market cap.
about Tether Ends USDT Support on Five BlockchainsTether Ends USDT Support on 5 Legacy Blockchains
Tether has announced it will cease USDT redemptions on five legacy blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS (now Vaulta), and Algorand—starting September 1. The decision, part of a long-term strategy shift, aims to prioritize blockchains with higher scalability, developer activity, and community engagement. Tether had already stopped issuing USDT on Omni Layer, Kusama, and Bitcoin Cash SLP in August 2023, followed by EOS and Algorand in June 2024. CEO Paolo Ardoino emphasized the need to focus on more efficient platforms, signaling a broader industry trend toward consolidation and optimization in stablecoin infrastructure.
about Tether Ends USDT Support on 5 Legacy Blockchains2025: The Breakout Year for Stablecoins, Says Coinbase
Coinbase’s latest research highlights 2025 as a pivotal year for stablecoins, with adoption skyrocketing among small businesses and Fortune 500 companies. Global stablecoin holders now exceed 161 million, and transaction volumes hit historic highs, including a record $719 billion in December 2024. Stablecoins are increasingly seen as a solution for cross-border payments, payroll efficiency, and financial inclusion, with the sector’s market cap reaching $260 billion. Their utility in real-time payments and remittances underscores their growing dominance in the crypto ecosystem.
about 2025: The Breakout Year for Stablecoins, Says CoinbaseUS Firms Drive Crypto Adoption: Coinbase 2025 Report
Coinbase’s 2025 State of Crypto report reveals a surge in cryptocurrency adoption, particularly among small and medium businesses (SMBs) and Fortune 500 companies. Over 60% of F500 executives are working on blockchain initiatives, with 47% increasing investments in the technology. Stablecoin usage has skyrocketed, with transfer volumes hitting record highs in late 2024 and early 2025. Regulatory clarity remains a key factor for further growth, as 90% of F500 executives and 72% of SMBs believe it could unlock crypto’s full potential. The report underscores crypto’s expanding role in payments, supply chains, and corporate treasuries across diverse industries.
about US Firms Drive Crypto Adoption: Coinbase 2025 ReportStablecoins Drive Crypto Mainstream Adoption: Coinbase Report
Coinbase’s Q2 2025 State of Crypto report reveals stablecoins as the dominant force in crypto adoption, with 81% of SMBs and tripled Fortune 500 interest compared to 2024. Stablecoin transfer volume hit $27.6 trillion in 2024, surpassing Visa and Mastercard combined. Regulatory clarity, such as the GENIUS Act and South Korea’s Digital Asset Basic Act, is seen as critical for further innovation. The stablecoin market is dominated by Tether (61% share) and Circle (24%), with global supply growing 54% year-over-year. Despite progress, Europe lags due to ECB’s CBDC focus and tight monetary controls.
about Stablecoins Drive Crypto Mainstream Adoption: Coinbase ReportHoskinson & Wood Urge Blockchain Collaboration Over Rivalry
Charles Hoskinson and Gavin Wood have called for an end to tribal loyalty in blockchain, emphasizing the need for technical collaboration over competition. Wood suggested decoupling tokens from networks or creating a shared ecosystem where tokens retain their identity but remain fungible across platforms. Hoskinson supported the idea, linking it to Cardano’s Midnight, a privacy-focused sidechain promoting open cooperation. Both founders warned that without collaboration, major blockchains like Ethereum, Solana, and Cardano risk becoming permanent rivals rather than interoperable solutions. Hoskinson also proposed integrating Midnight with Brave browser’s privacy tools to enhance crypto rewards.
about Hoskinson & Wood Urge Blockchain Collaboration Over RivalryAnna Rose: Simplifying ZK Tech for Web3 Community
Anna Rose transitioned from music and interactive content to becoming a key figure in the blockchain space, particularly in zero-knowledge proofs (ZKPs). Through her podcast, the Zero Knowledge Podcast, she demystifies complex cryptographic concepts with a conversational approach, inviting experts and newcomers alike. Beyond the mic, she co-founded ZKValidator to connect ZK tech with proof-of-stake networks like Cosmos and Kusama. Anna also organizes events like zkSummit and zkHack, fostering community engagement. Her unique blend of music and tech backgrounds influences her perspective on cryptography, making her a relatable and influential figure in Web3. Anna’s mission is to open doors for others to understand and adopt ZK technology, which could be pivotal for the internet’s future.
about Anna Rose: Simplifying ZK Tech for Web3 Community