Tether Announces End of Support for Five Blockchains | Holders Must Act by Deadline

Tether has announced the end of support for USDT and EURT on Omni, Kusama, SLP, EOS, and Algorand blockchains, urging holders to redeem or transfer their tokens by September 1, 2025.

The decision comes after careful consideration of security, compliance, and other factors. Holders must act swiftly to avoid complications as Tether will freeze all remaining tokens on these chains post-deadline.

Learn more about the impact and required actions.

Tether Ends Support for Multiple Blockchains

On July 11, 2024, Tether, known for issuing the stablecoin USDT, announced the termination of USDT and EURT redemptions on several blockchains. Holders are urged to redeem or transfer their tokens by the specified deadline.

The end of support for these blockchains had been previously reported, combining announcements from last year and this year. Tether will cease support for the following five blockchains:

• Omni

• Kusama

• SLP

• EOS

• Algorand

Considerations for Ending Support

Tether explained that various factors are considered when deciding to support a blockchain, including security, customer support, regulatory compliance, safety, usability, and sustainability. The decision to end support for the above five blockchains was made after careful consideration of these elements.

This latest announcement provides further details on the end of support. Specifically, by September 1, 2025, Tether will no longer be obligated to redeem USD₮ and EUR₮ on the affected chains, and all remaining USD₮ and EUR₮ on these blockchains will be frozen.

Users holding USD₮ or EUR₮ on Omni, Kusama, SLP, EOS, and Algorand are advised to redeem their assets or transfer them to another blockchain as soon as possible. Timely action is crucial for those with holdings on the affected chains to avoid complications.

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