As stablecoin giant Tether cleans house, five blockchain networks are getting the boot. The company announced it’s ending USDT support on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand effective September 1, 2025. Yep, that’s right — users have just over a year to get their tokens off these platforms before they freeze forever. Not exactly a small matter when there’s about $88 million at stake.
The reason? These blockchains are basically ghost towns for USDT activity. Compared to Tether’s massive $139.4 billion market cap, the affected chains represent pocket change. Omni holds the most with $82.9 million, while poor Kusama limps along with just $240,000. Tether wants to focus on winners, not losers. Can’t blame them. The gas fee mechanics of these networks also played a role in the decision to discontinue support.
Tether’s cutting deadweight chains holding mere pocket change against its $139.4 billion empire. Smart business move.
Users need to migrate or redeem their tokens before the deadline. After that, those digital dollars become worthless artifacts — frozen forever on abandoned blockchains. Think of it as leaving money in a bank that’s closing its doors for good. Not smart.
This move signals Tether’s strategic shift toward more efficient networks. They’re doubling down on Ethereum and Tron while exploring new Layer 2 solutions. The company aims to simplify operations and optimize resources across their ecosystem. The blockchains getting axed? Low adoption, decreased activity, outdated tech. The company started hinting at this cleanup last year, halting new issuance on some of these platforms in 2023 and 2024.
For the broader crypto market, this reinforces what everyone already knew — Ethereum and Tron are where the real action happens. The affected blockchains will barely notice the difference. They were already irrelevant for USDT trading.
Tether’s CEO points to scalability and community engagement as key factors behind the decision. Makes sense. Why maintain infrastructure across dead-end networks when you can streamline operations? It’s like closing unprofitable store locations. Cut the dead weight and focus on what works. This discontinuation plan has been in the works for years as Tether pivots its strategy toward more promising protocols.