Tether Rescinds Plan to Freeze USDT on Five Blockchains

Tether has adjusted its previously announced plan to freeze USDT tokens on five blockchain networks, opting for a more flexible approach that allows limited transfers while halting issuance and redemption. Previously intending to halt support on Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand, the company changed course following community feedback. These token transfers will remain active, but no longer officially issued or redeemed on these chains. This change postpones the planned termination of support initially set for September 1st.