29 August 2025 – Tether, the largest company in the digital asset ecosystem, today announced an update to its transition plan for five legacy blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.

More than a year ago, in July 2024, Tether announced plans to wind down support by ceasing redemptions and freezing USD₮ tokens on these legacy blockchains starting September 1, 2025. 

Following the feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze the smart contracts on these networks.

While users will still be able to transfer the tokens between wallets, Tether will discontinue direct issuance and redemption on these blockchains. This means the tokens will no longer be officially supported as other Tether tokens. 

This decision aligns with Tether’s broader strategy, which remains centered on expanding support for ecosystems with the strongest developer activity, scalability, and user demand.

Tether remains committed to a smooth transition and will continue to engage with the community to ensure transparency and clarity throughout this process.

For more updates, visit: https://tether.io