Tether Updates Transition Plan for Legacy Blockchains

According to PANews, stablecoin issuer Tether has announced updates to its transition plan for five legacy blockchains: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. Over a year ago, Tether revealed its intention to cease redemption and freezing of USDT tokens on these blockchains starting September 1, 2025, gradually ending support. In response to feedback from the communities of these discontinued blockchains, Tether has adjusted its approach and will not freeze smart contracts on these networks. While users can still transfer tokens between wallets, Tether will halt direct issuance and redemption of tokens on these blockchains. Consequently, these tokens will no longer receive official support like other Tether tokens. Tether remains committed to ensuring a smooth transition and will continue collaborating with the community to maintain transparency and clarity throughout the process.