Tether has reversed plans to freeze USDT smart contracts on Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand: USDT remains transferable on those chains, but Tether will no longer issue or redeem tokens there, retaining limited support while halting new minting and redemption.
Key change: USDT transfers continue; new issuance and redemption on Omni, BCH SLP, Kusama, EOS and Algorand are discontinued.
Tron and Ethereum remain the primary USDT ecosystems, with the largest circulating supplies.
Impact data: Omni holds ~$82.9M USDT, EOS ~$4.2M, other affected chains under $1M each (DeFiLlama/CoinGecko data).
Meta description: Tether USDT support: USDT stays transferable on Omni, EOS, Algorand, Kusama and BCH SLP but Tether halts issuance and redemption on these chains — learn what this means.
Tether has scrapped plans to end USDT on Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand, allowing transfers to continue while stopping issuance and redemption on those chains.
What is Tether’s change to USDT support on these blockchains?
Tether USDT support has been revised: token transfers will remain functional on Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand, but Tether will no longer issue or redeem new USDT on those networks. The company made the change after receiving feedback from affected community ecosystems.
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Users can continue to send and receive existing USDT balances on these chains, but direct on‑chain issuance and redemption by Tether are discontinued. This reduces official support level and may limit liquidity and integrations over time.
Tether revised the plan after ecosystem feedback and to align with a strategy focused on chains with stronger developer activity and user demand. Tether continues primary support for chains that demonstrate scalability and broad adoption, notably Tron and Ethereum.
Only a small number of smart-contract layer‑1s have achieved large-scale adoption. Tron and Ethereum lead USDT deployment and usage, and Tether will continue prioritizing those ecosystems while maintaining limited transferability on lesser-used chains.
Tron and Ethereum are the top USDT hosts, with approximately $80.9 billion on Tron and $72.4 billion on Ethereum. BNB Chain follows at about $6.78 billion. Other ecosystems like Solana, Arbitrum and Base show heavy stablecoin activity but tend to use USDC more than USDT. (Data: DeFiLlama, CoinGecko.)
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Source: https://en.coinotag.com/tether-may-keep-usdt-transferable-on-omni-eos-algorand-kusama-and-bitcoin-cash-while-halting-issuance/