TechFlow news, July 11 — Tether announced it will cease USD₮ redemptions and freeze remaining tokens on five legacy blockchains—Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand—starting September 1, 2025.
The decision is part of Tether's strategic initiative to optimize its infrastructure, reallocating resources toward blockchain platforms with greater scalability, development activity, and community engagement. Tether CEO Paolo Ardoino stated that this move will enable the company to focus on platforms driving the next wave of stablecoin adoption.




