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Tether Shifts Focus to Layer 2s: USDT Support Ends on Omni, BCH, Kusama, EOS, and Algorand

Tether Shifts Focus to Layer 2s: USDT Support Ends on Omni, BCH, Kusama, EOS, and Algorand

Author:
CoindeskEN
Published:
2025-07-12 15:16:30
11
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Tether to Halt USDT on Omni, BCH, Kusama, EOS, Algorand as Focus Shifts to Layer 2s

Tether pulls the plug on five blockchains—Omni, Bitcoin Cash, Kusama, EOS, and Algorand—as it doubles down on Layer 2 solutions. The stablecoin giant’s pivot signals a brutal efficiency drive, leaving some chains in the dust.

Layer 2 or die: Tether’s ruthless consolidation

No more half-measures. The company’s ditching legacy chains to streamline operations, betting big on scalability. Traders shrug—liquidity’s already concentrated elsewhere anyway.

Another ‘strategic shift’ that smells like cost-cutting. But hey, at least the arbitrage bots will have fewer networks to exploit.

|Square

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