Tether Provides Update on Transition Plan for Legacy Blockchains

August 29, 2025 – JoinThe most important firm within the digital property eco system right now introduced an replace for his transition plan for 5 legacy block chains: Omni Layer, Bitcoin Money SLP, Kusama, EOS and Algorand.

Greater than a 12 months in the past, in July 2024, Tether introduced plans to restrict help by stopping repayments and freezing USD ₮ to freezing to those previous block chains from 1 September 2025.

After the suggestions from the communities of those stopped block chains, Tether has revised this strategy and won’t freeze The sensible contracts on these networks.

Whereas customers can nonetheless switch the tokens between portfolios, Tether will finish direct concern and redemption on these block chains. Which means that the tokens are now not formally supported as different Tether tokens.

This determination is consistent with Tether’s broader technique, which stays aimed on the enlargement of help for ecosystems with the strongest developer exercise, scalability and person demand.

Tether stays dedicated to a easy transition and can proceed to take care of the group to ensure transparency and readability throughout this course of.

For extra updates, go to: https://tether.io