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Tether Updates Old Blockchain Transition Plan: Will Not Freeze Smart Contracts on the Network

2025.08.29 20:56:32

August 29th. Stablecoin issuer Tether declared today an update regarding its transition plan for five legacy blockchains, namely Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. More than a year ago, Tether announced its intention to halt the redemption and freezing of USDT tokens on these legacy blockchains starting from September 1, 2025, with a gradual phasing out of support. In response to feedback from the discontinued blockchain communities, Tether has adjusted this approach and will not freeze smart contracts on these networks. Although users can still transfer tokens between wallets, Tether will discontinue the direct issuance and redemption of tokens on these blockchains. This indicates that these tokens will no longer receive official support like other Tether tokens. Tether remains dedicated to a smooth transition and will continue to cooperate with the community to ensure transparency and clarity throughout the entire process.
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