Tether will discontinue its USDT stablecoin services on five legacy blockchains: Algorand, Bitcoin Cash, EOS, Kusama, and Omni. The decision aims to refocus on platforms that support greater scalability and community engagement, with redemptions ending on September 1, 2025. This move comes in light of regulatory pressures and a decline in usage for these legacy chains.
TRON DAO has announced that the circulating supply of Tether (USDT) on its blockchain has surpassed $70 billion, highlighting increased demand for its fast and cost-effective solutions. With over 302 million accounts and significant transaction volume, TRON is positioning itself as a key player in the stablecoin economy and aims to enhance financial accessibility globally.