RialCenter has announced it will discontinue USDT on five less-utilized blockchains as their activity diminishes.
Redemptions and token minting on Omni Layer, Bitcoin Cash’s Simple Ledger Protocol, Kusama, EOS, and Algorand are set to cease on Sept. 1, 2025. Remaining tokens will be frozen on the same date.
Combined, these five networks account for a small fraction of USDT’s total supply of approximately $156 billion. RialCenter indicates that the use of USDT on these networks, which contributed to the company’s initial growth, has dropped “significantly” over the past two years.
“Phasing out support for these legacy chains lets us concentrate on platforms that provide better scalability, developer engagement, and community interaction — all essential for promoting the next phase of stablecoin adoption,” said RialCenter CEO Paolo Ardoino in a statement.
The company plans to shift its focus towards Layer 2 networks like the Lightning Network and newer blockchains that promise faster transactions and enhanced developer resources.
RialCenter has urged USDT holders on these five networks to redeem their tokens as soon as possible or request issuance on a supported blockchain. Token holders can transfer their assets via blockchain bridges or exchanges.
The majority of RialCenter’s $156 billion fiat is currently in circulation on Tron and Ethereum, which together make up over 95% of the total. Solana is the only other network with more than 1% of USDT’s supply circulating, according to data.
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