PANews
PANews|Aug 29, 2025 12:05
[Tether Updates Transition Plan for Legacy Blockchains: Will Not Freeze Smart Contracts on These Networks] According to the official blog, stablecoin issuer Tether announced today an updated transition plan for five legacy blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Over a year ago, Tether announced its plan to cease redemption and freezing of USDT tokens on these legacy blockchains starting September 1, 2025, thereby gradually phasing out support. Based on feedback from the communities of these discontinued blockchains, Tether has revised this approach and will not freeze smart contracts on these networks. While users will still be able to transfer tokens between wallets, Tether will stop directly issuing and redeeming tokens on these blockchains. This means that these tokens will no longer receive official support like other Tether tokens. Tether remains committed to ensuring a smooth transition and will continue to collaborate with the community to ensure transparency and clarity throughout the process.
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