Tether May Keep USDT Transferable on Omni, EOS, Algorand, Kusama and Bitcoin Cash While Halting Issuance

• 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.

How will this affect users on Omni, EOS, Algorand, Kusama and BCH SLP?

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.

Why did Tether change its approach and what does it mean strategically?

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.

How large is USDT supply across major 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.)

Which chain will be most affected?

Omni Layer will see the largest relative impact: it holds roughly $82.9 million in circulating USDT. EOS holds about $4.2 million, while Bitcoin Cash SLP, Algorand and Kusama each have under $1 million in USDT circulation. The discontinuation reduces official tooling and support for those small balances.

When did Tether begin sunsetting support for these chains?

Tether’s sunsetting has been in progress for two years. In August 2023 the company announced it would stop issuing USDT on Omni Layer, Kusama and Bitcoin Cash SLP. Minting on EOS and Algorand was halted in June 2024. The recent revision cancels plans to freeze smart contracts but maintains discontinued issuance/redemption.

Frequently Asked Questions

Will Tether freeze smart contracts on these networks?

No. After community feedback, Tether said it will not freeze smart contracts on Omni, Bitcoin Cash SLP, Kusama, EOS and Algorand; tokens remain transferable but will not be newly issued or redeemed by Tether.

How much USDT is held on Omni and the other affected chains?

Omni holds roughly $82.9 million of circulating USDT, EOS about $4.2 million, while Bitcoin Cash SLP, Algorand and Kusama each have under $1 million in USDT circulation (data referenced from DeFiLlama and CoinGecko).

Key Takeaways

• Tether policy update: Transfers continue on the five chains, but issuance and redemption are halted.
• Largest impact: Omni Layer is the most affected in terms of on‑chain USDT balances (~$82.9M).
• Strategic focus: Tether concentrates on high‑adoption chains like Tron and Ethereum while maintaining limited support for less active networks.

Conclusion

The change means Tether USDT support is evolving: Tether will not freeze smart contracts on the five affected chains but will cease direct issuance and redemption there, keeping transfers intact. Users should monitor liquidity and third‑party integrations as official support recedes; for account-level concerns consult your wallet or exchange provider.

Published: 2025-08-30 | Updated: 2025-08-30

Author: COINOTAG

Sources consulted: Tether public statement; on-chain supply data compiled from DeFiLlama and CoinGecko; industry reporting and official statements.