Tether: USDT Will No Longer Be Available on These 5 Blockchains

Tether, in its role as a crypto finance giant, does not hesitate to clean house. When you want to spotlight your flagship stablecoin like USDT, sometimes you have to tear down its posters from deserted alleys. This is exactly what Paolo Ardoino’s company is doing by withdrawing its token from five aging blockchains. Algorand, Omni, Bitcoin Cash SLP, EOS, and Kusama are now relegated off the USDT stage. The stage is reserved for players that draw crowds.

When Tether Unplugs: End of Service for Five Blockchains

The axe has fallen: as of September 1, 2025, Tether will stop repurchasing USDT on five blockchains. No more redemptions. And the funds still in circulation will be frozen. The announcement caused a splash, even though it was already quietly initiated in 2023 for Omni, Kusama, and Bitcoin Cash, then in June 2024 for EOS and Algorand.

While the decision is radical, it is based on concrete figures. On Kusama, fewer than 250,000 USDT remain in circulation. On Bitcoin Cash, less than one million. As for Omni, which pioneered USDT transport in 2014, it only records 82 million active tokens. And still: this volume is in constant decline. Nostalgia therefore has no place here.

For Tether, the goal is clear: 

As the digital asset ecosystem evolves, Tether remains committed to adapting alongside it. Sunsetting support for these legacy chains allows us to focus on platforms that offer greater scalability, developer activity, and community engagement — all key components for driving the next wave of stablecoin adoption.

The strategy aims to strengthen USDT’s position where it counts: on Ethereum, Tron, and now layer 2s like Lightning Network. The message is simple: only the busiest networks justify the USDT fuel.

Crypto, Numbers, and Strategic Choices: Tether Maps Out Its New Plan

The stakes go beyond technology. Behind this decision plays a much larger game of chess. In a world where crypto finance must comply with regulations, Tether adjusts its priorities — especially to avoid regulatory blocks in the United States and Europe. The “stablecoin bill” at the White House, combined with the MiCA legislation in Europe, demands clarity in the gray areas.

Meanwhile, Circle and its USDC are gaining ground. On Algorand, for example, USDC captures a much higher market share than USDT. As a result, even the Algorand foundation did not flinch at Tether’s announcement. “Our users should experience no disruption. Tether announced its withdrawal a year ago and our volumes have continued to grow since then,” the Algorand foundation told Cointelegraph.

Here are some figures summarizing the essentials:

• USDT on Omni: 888 million issued, 82 million remaining, declining usage;
• On EOS: 85 million USDT issued, less than 5 million still active;
• On Algorand: only 841,600 USDT circulating, compared to over 73 million in USDC;
• USDT on Tron + Ethereum: nearly 155 billion USDT, total dominance;
• Algorand’s 30-day revenue: $42,300 (Token Terminal), activity declining.

This reallocation is therefore no surprise. Tether is merely formalizing a shift already underway. And this shift benefits ecosystems that attract developers, regulators, and capital.

This withdrawal is not a first. Tether has a history of repositioning. Whether through its pivot to open source Bitcoin mining software, or its vision of autonomous micro-AI tied to the Bitcoin and USDT economy, the company continues to rewrite the rules of the game.