Breaking: Tether (USDT) Drops Support for 5 Major Blockchains – What You Need to Know

Tether just pulled the plug on USDT support across five blockchain networks—here’s why it matters.

The Axe Falls

No more USDT transactions on these chains. The stablecoin giant is streamlining—or cutting costs, depending on who you ask.

The Fallen Five

Five blockchains just lost their USDT lifeline. Traders scramble as liquidity migrates to ‘approved’ networks. (Cue the usual decentralization debates.)

Behind the Move

Officially: ‘Efficiency.’ Unofficially: Follow the money—Tether’s playing chess while other stablecoins check wallets.

What’s Next?

Arbitrage bots are already feasting. Meanwhile, the ‘ghost chains’ left behind? Another crypto cautionary tale—right next to your worthless 2017 ICO stash.

In Brief

• Tether will stop USDT redemptions on five blockchains starting September 1, 2025.
• Algorand, EOS, Omni, Kusama, and Bitcoin Cash show USDT volumes that have become insignificant.
• Ethereum and Tron now hold the bulk of the $159 billion USDT circulating in crypto.
• The strategy also aims to reduce regulatory exposure in the U.S. and soon in Europe.

When Tether Unplugs: End of Service for Five Blockchains

The axe has fallen:. No more redemptions. And the funds still in circulation will be frozen. The announcement caused a splash, even though it was alreadyfor Omni, Kusama, and Bitcoin Cash, then in June 2024 for EOS and Algorand.

While the decision is radical, it is based on concrete figures.. On bitcoin Cash, less than one million. As for Omni, which pioneered USDT transport in 2014, it only records 82 million active tokens. And still: this volume is in constant decline. Nostalgia therefore has no place here.

For Tether, the goal is clear: 

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.

The strategy aims to: on Ethereum, Tron, and now LAYER 2s like Lightning Network. The message is simple: only the busiest networks justify the USDT fuel.

Crypto, Numbers, and Strategic Choices: Tether Maps Out Its New Plan

The stakes go beyond technology. Behind this decision plays a. In a world where crypto finance must comply with regulations, Tether adjusts its priorities — especially to. The “stablecoin bill” at the White House, combined with the MiCA legislation in Europe, demands clarity in the gray areas.

Meanwhile,. On Algorand, for example, USDC captures a much higher market share than USDT. As a result, even the Algorand foundation did not flinch at Tether’s announcement. “Our users should experience no disruption. Tether announced its withdrawal a year ago and our volumes have continued to grow since then,” the Algorand foundation told Cointelegraph.

Here are some figures summarizing the essentials:

• USDT on Omni: 888 million issued, 82 million remaining, declining usage;
• On EOS: 85 million USDT issued, less than 5 million still active;
• On Algorand: only 841,600 USDT circulating, compared to over 73 million in USDC;
• USDT on Tron + Ethereum: nearly 155 billion USDT, total dominance;
• Algorand’s 30-day revenue: $42,300 (Token Terminal), activity declining.

This reallocation is therefore no surprise. Tether is merely. And this shift benefits ecosystems that attract developers, regulators, and capital.

This withdrawal is not a first. Tether has a history of repositioning. Whether through its pivot to open source Bitcoin mining software, or its vision of autonomous micro-AI tied to the Bitcoin and USDT economy, the company continues to rewrite the rules of the game.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.