Tether Streamlines Operations: Shifts Focus to Scalable Networks and Bitcoin

Tether is making significant changes to its operations, focusing on scaling blockchain networks and expanding Bitcoin-based solutions. The company has announced a transition plan for five legacy blockchains — Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand — ending issuance and redemption by September 2025. 🧠 However, this doesn’t mean a halt in activity, as smart contracts will remain active to facilitate wallet-to-wallet transfers. This change reflects Tether’s strategy to concentrate resources on high-demand ecosystems characterized by developer activity and scalability.