Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
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

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.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

From Tenant to Broker: The Crypto Business in Trump Tower

Living below the seat of power, let the elevator of wealth go straight to your own office.

深潮2025/09/10 03:30
From Tenant to Broker: The Crypto Business in Trump Tower

"Seizing Power" from the Federal Reserve: US Treasury Secretary Calls for Comprehensive Review of the Fed

Besant's opinion piece appears to indicate that the Trump administration's criticism of the Federal Reserve is escalating—not only demanding interest rate cuts, but also beginning to question the Fed's overall operational model and its foundation as an independent institution.

深潮2025/09/10 03:29

Breaking Down the Walled Garden: How Does Ondo Global Market Bring 100+ US Stocks On-Chain?

Make financial markets truly globalized, democratized, and programmable.

深潮2025/09/10 03:07
Breaking Down the Walled Garden: How Does Ondo Global Market Bring 100+ US Stocks On-Chain?