Tether Don Retire USDT for Five Legacy Chains, E Shift to Layer 2

For September 1, 2025, Tether go stop to support USDT for five old chains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand. The company go stop to make token, redeem and freeze the money wey remain. CEO Paolo Ardoino talk say na because demand no too dey and the system don old. This move follow as dem been dey stop these networks slowly from 2023. More than 95% of Tether’s $156 billion USDT supply dey move for Ethereum and Tron now, with Solana just get small pass 1%. Tether want make the money dey strong and steady for big platforms. The firm want focus on Layer 2 networks like Lightning Network, and new smart contract chains wey fit settle faster and get better developer tools. People wey get USDT for the chains wey dey stop must carry their tokens pass bridges or exchanges before the cutoff date.
Neutral
Dem retire USDT for una waka blockchain dem and join liquidity for major network dem dey make operations easy without affect di stablecoin $1 peg. For short time, traders for di retiring chains fit get migration cost, but market stability go still dey strong. For long term, to focus on scalable Layer 2 platform fit improve USDT efficiency and adoption, support neutral market feeling.