Tether will not freeze USDT on Omni, BCH SLP, Kusama, EOS, Algorand, and different legacy chains. The property, nonetheless, grow to be “unsupported,” coming into a monetary limbo with out official issuance or redemptions.
Abstract
- Tether halts its deliberate USDT freeze on legacy blockchains, together with Omni, BCH SLP, Kusama, EOS, and Algorand.
- Tokens on these networks grow to be “unsupported,” with transfers allowed however no official issuance or redemption.
- The replace follows neighborhood suggestions and aligns with Tether’s broader strategic give attention to energetic, high-demand chains.
On August 29, USDT issuer Tether introduced a major revision to its transition plan for legacy blockchains. Initially, the corporate had deliberate to freeze USDT tokens and halt redemptions on networks together with Omni Layer, Bitcoin Money SLP, Kusama, EOS, and Algorand beginning September 1, 2025.
Following intensive suggestions from consumer communities, Tether opted to desert the freeze whereas nonetheless discontinuing official issuance and redemption. This leaves tokens on these networks in an “unsupported” state, the place transfers between wallets stay doable however the property not carry the identical backing or operational help as USDT on energetic chains.
“Whereas customers will nonetheless have the ability 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,” the USDT issuer mentioned within the assertion.
A strategic pivot, not a retreat
Tether’s determination to stroll again the freeze means that pushback from builders and customers on networks like EOS and Algorand introduced a reputational danger that outweighed the technical simplicity of a clear break.
The revised strategy, which Tether states “aligns with its broader technique,” is a practical compromise. It permits the agency to shed the operational burden of supporting low-traffic chains whereas avoiding the general public relations nightmare of successfully destroying consumer property.
Nevertheless, whereas the issuer pares down its help on one entrance, it’s aggressively increasing on one other. Simply someday previous to this announcement, Tether revealed plans to launch a local USDT on Bitcoin by way of the RGB protocol.
The transfer could be seen as Tether’s strategic wager on Bitcoin’s foundational safety. Not like wrapped property on bridges, which introduce counterparty danger, RGB leverages Bitcoin’s personal scripting and client-side validation to make USDT an intrinsic a part of the Bitcoin ecosystem.
Tether already distributes the stablecoin throughout Ethereum and Tron, every with over $80 billion in circulation, and on smaller platforms like Solana, Avalanche, Celo, and Cosmos.
