Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Tether Reverses Course on Legacy Blockchain Support Freeze

Tether Reverses Course on Legacy Blockchain Support Freeze

TheCryptoUpdatesTheCryptoUpdates2025/08/30 08:45
By:Jack

Well, it looks like Tether is making some changes to its original plan. A year back, the company said it would completely stop supporting USDT on five smaller blockchain networks—Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand—by September 1st, 2025. That included freezing smart contracts, which would’ve basically locked things up for good.

But after hearing from users and developers, they’ve walked that part back. Smart contracts on those chains won’t be frozen after all. That’s a pretty significant shift, and it probably comes as a relief to people still operating on those platforms.

What’s Actually Changing

So here’s the deal. Come next year, Tether will officially stop its direct involvement with those five networks. That means no new USDT will be issued directly on them, and you won’t be able to get refunds through Tether itself. Their official support channels will focus elsewhere.

However—and this is important—you’ll still be able to move your existing USDT around on those blockchains. The tokens aren’t being frozen or rendered useless. They just won’t be under Tether’s wing anymore. It’s a subtle difference, but for people holding assets on those chains, it matters.

Why This Move Makes Sense for Tether

Tether says this is all about focusing energy on ecosystems that have more activity. They’re looking at where developers are building, what networks can handle scale, and frankly, where people are actually using USDT the most. It’s a practical move, not necessarily a controversial one.

They’ve promised to keep talking with the community as things progress. Whether that happens smoothly, we’ll have to see. But it’s clear they’re trying to avoid leaving users completely stranded.

The Bigger Picture: Fees and Competition

This all comes at a time when Tether is pushing its own fee-free blockchain. And interestingly, not long after that news, Tron—which handles a huge chunk of USDT transactions—slashed its fees, too. It feels like the market is reacting, whether directly or not.

It makes you wonder if we’re heading toward a fee war, or just a slow consolidation around a few major players. For now, though, users on the less popular chains have at least avoided a worst-case scenario.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

The Reserve Bank of India’s Efforts to Save the Rupee Deplete Reserves: $50 Billion Plunge in Forex Holdings, $200 Billion Forward Dollar Liabilities Become a Ticking Time Bomb

Foreign investors have made net sales of $31 billion in Indian stocks this year, and administrative controls are accelerating hedging demand towards the offshore NDF market, with the effectiveness of interventions continuously diminishing. The most critical risk lies in the fact that the yield spread between Indian and US 10-year government bonds has sharply dropped from 600 basis points in 2013 to just 200 basis points, with the traditional interest rate defense line nearly breached. India faces a dilemma: persisting on the current path will exhaust policy space, while relying on rate hikes to rebuild the yield spread would directly stifle economic growth.

华尔街见闻•2026/10/14 04:22
The Reserve Bank of India’s Efforts to Save the Rupee Deplete Reserves: $50 Billion Plunge in Forex Holdings, $200 Billion Forward Dollar Liabilities Become a Ticking Time Bomb

As Starlink challenges telecom operators' pricing power, AT&T (T.US) sells its Mexico business for $2 billion, shifting focus to AI connectivity demand.

AT&T has agreed to sell its Mexico operations to Televisa and Fintech for $2 billion. The transaction is expected to be completed in the first quarter of 2027, pending approval from Mexican regulators.

智通财经•2026/10/14 03:32
As Starlink challenges telecom operators' pricing power, AT&T (T.US) sells its Mexico business for $2 billion, shifting focus to AI connectivity demand.