USDT to Cease Support on Kusama Network: Critical Migration Deadline Approaches

Tether (USDT) has announced it will discontinue support on the Kusama network effective September 1, 2025. This decision marks a significant shift for users holding USDT on Kusama, as all tokens will be frozen post-deadline, rendering them inaccessible unless proactively redeemed or migrated. The announcement underscores the urgency for holders to transfer their assets to the Polkadot network via trusted bridges to maintain liquidity. Failure to act within the migration window risks permanent loss of access to funds. With the deadline less than a month away, users are advised to expedite their transfers to avoid disruptions. This move aligns with Tether's broader strategy to streamline its multi-chain support, focusing on networks with higher adoption and stability. The Polkadot network, with its robust interoperability features, emerges as the preferred destination for migrating USDT holdings. As the crypto community reacts to this development, the importance of timely asset management in the volatile digital asset space is once again highlighted.

USDT to Cease Support on Kusama Network by September 2025

Tether (USDT) will discontinue support on the Kusama network effective September 1, 2025. Post-deadline, all USDT tokens on Kusama will be frozen, rendering them inaccessible unless users proactively redeem or migrate their holdings.

Holders must transfer assets to the Polkadot network via trusted bridges to maintain liquidity. The migration window is critical—delay risks permanent loss of access to funds.

Litecoin Rises to Second Place in Crypto Payments, Trailing Only Bitcoin

Litecoin (LTC) has surged to become the second-most utilized cryptocurrency for payments on CoinGate's platform, according to the Lithuanian payment processor's July data. The digital asset now commands 14.5% of transactions, eclipsing stablecoins and trailing only Bitcoin's dominant 22.9% share.

This adoption milestone comes despite Litecoin's modest 19th-place market capitalization ranking. The network's faster block times and lower fees compared to Bitcoin appear to be driving merchant acceptance, particularly for smaller-value transactions where cost efficiency matters most.

CoinGate's infrastructure supports over 70 cryptocurrencies, with Tron (TRX) and dollar-pegged tokens USDC and USDT rounding out the top five payment options. The platform serves both e-commerce and brick-and-mortar businesses seeking to tap into the global crypto economy.

Stablecoin Transaction Volume Hits Record $1.5 Trillion in July Amid Crypto Rally

Stablecoin activity surged to unprecedented levels in July, with on-chain transaction volume reaching $1.5 trillion—a 19% increase from June's $1.26 trillion and eclipsing the previous record of $1.4 trillion set in August 2024. The growth coincides with Bitcoin's ascent to a historic $123,000 high and Ethereum's push toward $4,000, driving investors toward stable assets.

Circle's USDC dominated half of all stablecoin flows at $748 billion, while Tether's USDT processed $420 billion. Decentralized alternative DAI captured third place with $261 billion in volume. The GENIUS Act's regulatory clarity appears to have catalyzed institutional participation, though the report notes organic demand from profit-taking traders seeking volatility hedges.