Tether has shown remarkable interest in layer 2 networks like the Lightning Network and emerging chains.
Tether shared the news in a recent blog post, listing Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand as the affected chains. The stablecoin issuer notes that the decision will be effective from September 1, 2025. As a result, users holding USDT on these chains have been advised to redeem their holdings before the date. There’s also an option to request an issuance of USDT on a support blockchain.
Tether claims that the decision is part of its efforts to align with community usage trends and redirect resources towards high-adoption blockchains. The decision comes after a close review of user activity across chains.
The stablecoin issuer observed market trends and demand before reaching its decision. Furthermore, Tether said it also received feedback from key community members and stakeholders and received a nod from these high-stakes members.
Additionally, Tether notes that although the affected chains played notable roles in its early years, recent data reveals slow usage over the last two years. Tether’s CEO, Paolo Ardoin, said in a statement, “As the digital asset ecosystem evolves, Tether remains committed to adapting alongside it. Sunsetting support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement—all key components for driving the next wave of stablecoin adoption.”
Interestingly, the decision comes at a time when Tether has shown remarkable interest in layer 2 networks like the Lightning Network and emerging chains with significant interoperability and ecosystem adoption.
Moving its resources from networks with slow usage to platforms with more adoption shows Tether’s ambition to serve its global user base better.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted risk tolerance levels of the writer/reviewers, and their risk tolerance may differ from yours. We are not responsible for any losses you may incur due to any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.
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