Holding USDT on Omni, Bitcoin cash, Kusama, EOS and Algorand, read this

Tether, the company behind USDT stable coin on various blockchains has announce dit will be ending support on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains starting September 1, 2025, as part of a strategic infrastructure review. It is very important that you move your funds to more popular blockchains where USDT is actively being used and supported.

This includes Ethereum and Solana blockchains. Holders are advised to redeem or migrate their tokens in accordance with Tether’s guidelines. Declining volumes and stalled usage on these networks make them dead weight for Tether’s ops, so the move frees up resources for more vibrant ecosystems.

Paolo Ardoino, CEO of Tether, said, As the digital asset ecosystem evolves, Tether remains committed to adapting alongside it. Sunsetting support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement — all key components for driving the next wave of stablecoin adoption.

Expect a hit to liquidity and on-chain utility for affected chains—stablecoin flow underpins DeFi and DEX activity, so token holders and DApps will need to migrate or lose out. It’s a consolidation play that may push even more network effects into the dominant chains—follow the money, follow the devs.

Wondering how this shakes out for DeFi players or traders stuck on legacy chains? There’s still time to bridge or redeem, but the migration narrative is only just heating up.