Tether Ends USDT on 5 Legacy Chains as $81.8B Moves to TRON
Tether will cease USDT issuance on Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand by September 1, 2025, redirecting liquidity to more scalable networks. On-chain USDT on TRON has surged to $81.8 billion, underscoring TRON’s low fees and active DeFi and NFT ecosystems. This migration, driven by network efficiency, coincides with USDT’s total market cap breaching $159.1 billion, while Circle’s USDC sits at $63.5 billion. Historical data from the 2021 bull market shows TRON-based USDT growth aligns with TRX rallies. Traders should expect higher TRX trading volumes and potential price gains, and migrate any USDT from deprecated chains before the deadline. The realignment signals a broader shift toward high-performance blockchains for stablecoin issuance, likely impacting capital flows and trading strategies.
Bullish
The migration of $81.8 billion USDT to TRON and the planned deprecation of five legacy chains create a clear liquidity shift that historically drives TRX demand. In the short term, increased on-chain USDT balances on TRON typically spark higher trading volumes and speculative buying of TRX. Over the long term, consolidating stablecoin issuance on a low-fee, high-performance network reinforces TRON’s ecosystem growth and network effects, underpinning sustained price support for TRX. This directional flow of capital and improved network efficiency represent a strong bullish catalyst for TRX.