Tether has announced plans to cease USDT support on five less-utilized blockchains following a decline in usage.

Key Points:

• Support for USDT on Omni Layer, Bitcoin Cash’s Simple Ledger Protocol, Kusama, EOS, and Algorand will end on September 1, 2025.
• This decision arises due to the significant drop in USDT usage on these platforms over the past two years.
• Tether aims to concentrate on Layer 2 networks and newer blockchains that facilitate faster transactions and enhanced development tools.

The firm has urged customers to redeem their USDT holdings on these networks promptly or to migrate their tokens onto supported blockchains. Tether’s majority of USDT is currently circulating on Tron and Ethereum, accounting for over 95% of its total supply, according to data from RWA.xyz.