Tether Stop USDT for Five Chains and Dey Focus on Ethereum, Tron

Published: 2025-09-01 02:29:24 |

Stablecoin issuer Tether don reverse im plan to freeze USDT smart contracts for Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand. Instead, e go stop USDT issuance and redemption for these five chains but e go allow transfers to continue. Dis shift follow community feedback and e consistent wit strategy to make operations simpler. Dem networks get small supply—Omni Layer get less than $83 million, EOS get just over $4 million, and others get under $1 million. Tether freeze new mints for Omni, Kusama and Bitcoin Cash SLP inside August 2023, and for EOS and Algorand inside June 2024. Now, the issuer go focus on high-demand ecosystems like Ethereum (USDT supply $72.4 billion), Tron ($80.9 billion), and BNB Chain ($6.78 billion). Total stablecoin market cap dey $285.9 billion, led by USDT ($167.4 billion) and USDC ($71.5 billion). US policy support and the GENIUS Act dey expected to boost growth to $2 trillion market by 2028.

Neutral

By stop di issu for small chain dem and focus for big network dem, Tether dey reduce wahala for how dem dey run tins without any wahala for USDT pegging. Di supply for main chain dem steady, and transfer still dey happen for small network dem, so market no go too shake. For short term, dis tins no go make USDT waka from peg or affect how money dey flow. For long term, better support fit make folks trust well well but di quick price change for USDT go just remain normal.