Tether to Discontinue Support for USDT on Omni, Bitcoin Cash, Kusama, EOS, and Algorand Chains

On July 11, Tether announced that it will stop USD₮ redemptions and freeze remaining tokens on five legacy blockchains—$Omni Layer, Bitcoin Cash SLP, Kusama, $EOS, and Algorand—starting September 1, 2025. The decision is a strategic move by Tether to optimize its infrastructure, with the goal of reallocating resources to blockchain platforms with greater scalability, development activity, and community engagement. Tether CEO Paolo Ardoino said that this move will allow the company to focus on platforms that are driving the next wave of stablecoin adoption. [Deep Tide TechFlow]