The decision is due to declining usage of USDT on these networks over the past two years and as the company moves its focus to newer platforms such as Layer 2s.

Stablecoin issuer Tether is ending support for USDT on five "legacy" blockchains after previously halting minting on those ...

Tether, Inc. will end support for USDT tokens on five legacy chains. The tokens will be frozen as of September 1, as Tether ...

Tether has decided to suspend USDT redemption on five blockchains. This includes Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand.

Tether will end USD₮ tether blockchain support for Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand by September 2025.

Stablecoin issuer Tether has invested in blockchain analytics firm Crystal Intelligence to bolster its ability to combat ...

Tether moves $8B in gold to its Swiss vault, boosting trust in USDT. The Tether gold vault aims to cut fees and improve ...

USDT pulled in $5.2 billion through interest, fees and lending. Learn how stablecoins like Tether make money and why ...

Tether, the issuer of dollar-pegged stablecoin USDT (USDT-USD), has made an investment in blockchain analytics company ...

Tether is discontinuing USDt on five legacy blockchains, the company announced on July 11, which may decrease stablecoin utility and liquidity in those ecosystems.

Tether faces tough choices under the GENIUS Act, which mandates transparency for stablecoin issuers in the US, or risk being ...