{"id":242395,"date":"2024-07-11T22:57:48","date_gmt":"2024-07-11T22:57:48","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/11\/tether-usdt-to-discontinue-support-for-multiple-blockchain-implementations-by-2025\/"},"modified":"2025-06-25T17:14:53","modified_gmt":"2025-06-25T17:14:53","slug":"tether-usdt-to-discontinue-support-for-multiple-blockchain-implementations-by-2025","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2024\/07\/11\/tether-usdt-to-discontinue-support-for-multiple-blockchain-implementations-by-2025\/","title":{"rendered":"Tether (USDT) to Discontinue Support for Multiple Blockchain Implementations by 2025"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<figure class=\"figure mt-2\">&#13;<br \/>\n                        <a href=\"https:\/\/image.blockchain.news:443\/features\/9A6057EDE9B1CBAB26528539D7D2A1FBD98E24E5297A5F3E2D77E449D57AC81E.jpg\">&#13;<br \/>\n                            <img decoding=\"async\" class=\"rounded\" src=\"https:\/\/image.blockchain.news:443\/features\/9A6057EDE9B1CBAB26528539D7D2A1FBD98E24E5297A5F3E2D77E449D57AC81E.jpg\" alt=\"Tether (USDT) to Discontinue Support for Multiple Blockchain Implementations by 2025\"\/>&#13;<br \/>\n&#13;<br \/>\n                        <\/a>&#13;<br \/>\n                    <\/figure>\n<p>Tether, the issuer of the widely used stablecoin USD\u20ae (USDT), has announced a strategic shift in its blockchain support strategy. According to <a rel=\"nofollow\" href=\"https:\/\/tether.io\/news\/tether-provides-an-update-on-prioritizing-community-preferences-for-blockchain-support-in-strategic-shift\/\">tether.io<\/a>, the company will discontinue support for USD\u20ae and EUR\u20ae on the Omni, Kusama, SLP, EOS, and Algorand blockchains by September 1, 2025.<\/p>\n<h2>Community-Driven Decisions<\/h2>\n<p>Tether emphasizes that community input plays a crucial role in its decision-making process. The company evaluates several factors, including network security, customer support, regulatory compliance, and oversight, to ensure user safety and sustainability. This strategic shift aims to allocate resources to enhance security and efficiency while supporting innovation across the cryptocurrency landscape.<\/p>\n<h2>Previous Announcements<\/h2>\n<p>Last year, Tether announced the discontinuation of stablecoin support for the Omni, Kusama, and SLP implementations. Earlier this year, the company extended this decision to include the EOS and Algorand blockchains. The latest update provides detailed steps for discontinuing support for USD\u20ae and EUR\u20ae on these blockchains.<\/p>\n<h2>Key Dates and Actions<\/h2>\n<ul>\n<li>Starting on September 1, 2025, Tether will no longer accept redemptions of USD\u20ae or EUR\u20ae on Omni, Kusama, SLP, EOS, and Algorand.<\/li>\n<li>On the same date, Tether will freeze all remaining USD\u20ae and EUR\u20ae on these blockchains.<\/li>\n<\/ul>\n<p>Tether customers holding USD\u20ae and EUR\u20ae on these blockchains are advised to redeem their holdings as soon as possible. Alternatively, they can request issuance of these stablecoins on a supported blockchain, in accordance with Tether\u2019s <a rel=\"nofollow\" href=\"https:\/\/tether.to\/en\/legal\">Terms of Service<\/a>. Non-customers may seek to migrate their holdings to a supported blockchain through an available service provider.<\/p>\n<h2>Future Implications<\/h2>\n<p>This move underscores Tether\u2019s commitment to fostering a robust and innovative blockchain ecosystem. By prioritizing community preferences and focusing on security and efficiency, Tether aims to pave the way for a more sustainable and democratized financial system. The company\u2019s decision to discontinue support for certain blockchains highlights the dynamic nature of the cryptocurrency industry and the importance of adaptability in maintaining a secure and efficient ecosystem.<\/p>\n<p>For further information, please refer to the official announcement on <a rel=\"nofollow\" href=\"https:\/\/tether.io\/news\/tether-provides-an-update-on-prioritizing-community-preferences-for-blockchain-support-in-strategic-shift\/\">tether.io<\/a>.<\/p>\n<p><span><i>Image source: Shutterstock<\/i><\/span>                    <!-- Divider --><\/p>\n<p>                    <!-- Divider --><\/p>\n<p>                    <!-- Author info START --><br \/>\n                    <!-- Author info END --><br \/>\n                    <!-- Divider -->\n                <\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/blockchain.news\/news\/tether-usdt-discontinue-support-multiple-blockchain-implementations-2025\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] &#13; &#13; &#13; &#13; &#13; Tether, the issuer of the widely used stablecoin USD\u20ae (USDT), has announced a strategic shift in its blockchain support<\/p>\n","protected":false},"author":1,"featured_media":242396,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[171],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/242395"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=242395"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/242395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/242396"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=242395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=242395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=242395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}