Tron (TRX) Strengthens Position as Tether Shifts Focus to Dominant Blockchains
Tether, Inc. has announced a significant strategic shift by discontinuing support for its USDT stablecoin on five legacy blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—effective September 1, 2025. This move underscores Tether's commitment to optimizing its infrastructure based on usage trends, with a clear focus on its most active networks, TRON and Ethereum. The decision reflects the growing dominance of these platforms in the stablecoin ecosystem, particularly TRON, which has emerged as a preferred blockchain for USDT transactions due to its high throughput and low transaction costs. As Tether consolidates its operations, this development is expected to further solidify TRON's position in the cryptocurrency market, potentially driving increased adoption and liquidity for TRX. The freeze of remaining USDT tokens on the sunsetted chains marks a pivotal moment in the evolution of stablecoin distribution, highlighting the industry's shift toward scalability and efficiency.
Tether to Discontinue USDT on Five Legacy Blockchains, Focusing on TRON and Ethereum
Tether, Inc. announced it will sunset support for USDT on five legacy blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—effective September 1. All remaining tokens on these chains will be frozen as the stablecoin issuer shifts focus to its most active networks, TRON and Ethereum.
The MOVE reflects Tether's strategy to optimize infrastructure based on usage trends. Chains like EOS, with just 4.3 million USDT in circulation, will need to rebuild stablecoin liquidity. Omni and SLP hold significantly larger balances at 87 million and undisclosed amounts, respectively.
'As the digital asset ecosystem evolves, Tether remains committed to adapting alongside it,' said CEO Paolo Ardoino. The decision prioritizes scalability and developer activity, aiming to drive the next phase of stablecoin adoption.
Holders of legacy USDT must migrate assets before the freeze. Tether will allow reissuance on supported chains, though users may need third-party tools for swaps depending on storage methods.
TRON’s Justin Sun Challenges Elon Musk in Political Crypto Arena with $100M Trump Meme Coin Move
TRON founder Justin Sun has entered a high-stakes rivalry with Elon Musk by positioning himself as a major financial backer of Donald Trump. Sun's $100 million investment in the OFFICIAL TRUMP (TRUMP) meme coin through TronDAO marks a strategic play for influence in both crypto and political circles.
The move directly counters Musk's longstanding support for the former president. Sun framed the investment as a belief in cross-ecosystem collaboration, declaring Trump-themed tokens on TRON as the currency of the MAGA movement. This financial endorsement comes as crypto becomes increasingly politicized ahead of the US election.
TRX vs. HYPE vs. XYZVerse: The Top Crypto Contest for $1K to $1M by 2035
Three digital assets—TRX, HYPE, and XYZVerse—are emerging as frontrunners in the race to turn a $1,000 investment into $1 million by 2035. Each project brings unique value propositions, with XYZVerse distinguishing itself through a sports-crypto fusion and a structured roadmap. The token has already seen a 3,233% surge from its initial presale price of $0.0001 to $0.003333, with a final target of $0.02 before exchange listings.
Demand for $XYZ is accelerating as its market capitalization nears $15 million, fueled by retail and institutional interest. A projected listing price of $0.10 could deliver exponential gains for early backers. The presale’s rapid $14 million fundraising milestone underscores market confidence in its long-term viability.
