Tether announced the abandonment of the plan to freeze old network USDT, opting to classify it as 'unsupported'
On August 29, Tether announced a significant adjustment to its plan to freeze the old blockchain network USDT, which was originally set to take effect on September 1, 2025.
The statement indicated that Tether would no longer freeze USDT on networks such as Omni, BCH-SLP, Kusama, EOS, and Algorand, but would adjust their status to 'unsupported'. This means that users can still transfer tokens on these chains, but Tether will stop issuing and redeeming services for the relevant networks.
This policy shift stems from strong community opposition over the past few months. Tether initially proposed the freezing plan last July, intending to completely lock USDT on the aforementioned low-activity chains, prohibiting transfers and redemptions to simplify operations and concentrate resources.
However, the proposal faced widespread criticism from ecosystem developers and users of EOS, Algorand, and others, who deemed it too aggressive and harmful to the interests of holders.
After adjustment, Tether adopted the 'unsupported' status as a compromise, gradually reducing maintenance on low-capacity chains while avoiding user disputes caused by asset freezes. The company stated that this move is 'in line with its overall strategy' and also helps maintain brand reputation.
It is noteworthy that one day before this policy announcement, Tether announced it would issue native USDT on the Bitcoin network based on the RGB protocol. Unlike wrapped assets issued through traditional bridging, the RGB protocol allows USDT to be directly integrated into the Bitcoin script and client validation systems to ensure transaction security and immutability.
Currently, USDT is still primarily concentrated on Ethereum and Tron, with Solana being next. Tether's policy adjustment indicates that it is shifting resources towards high-potential ecosystems like Bitcoin and mainstream chains, while gradually exiting low-activity networks.
In summary, this strategic adjustment not only reflects Tether's keen judgment of market trends but may also have far-reaching implications for the ecological development pattern of the entire cryptocurrency market moving forward. How Tether's new layout on Bitcoin will develop in the future, whether it will establish a foothold in the Bitcoin ecosystem or face new challenges, remains to be seen by the market.
What do you think of Tether's policy shift? If your USDT is on an 'unsupported' related chain, would you choose to transfer it early or continue to hold it?
#Tether #USDT #稳定币策略
On August 29, Tether announced a significant adjustment to its plan to freeze the old blockchain network USDT, which was originally set to take effect on September 1, 2025.
The statement indicated that Tether would no longer freeze USDT on networks such as Omni, BCH-SLP, Kusama, EOS, and Algorand, but would adjust their status to 'unsupported'. This means that users can still transfer tokens on these chains, but Tether will stop issuing and redeeming services for the relevant networks.
This policy shift stems from strong community opposition over the past few months. Tether initially proposed the freezing plan last July, intending to completely lock USDT on the aforementioned low-activity chains, prohibiting transfers and redemptions to simplify operations and concentrate resources.
However, the proposal faced widespread criticism from ecosystem developers and users of EOS, Algorand, and others, who deemed it too aggressive and harmful to the interests of holders.
After adjustment, Tether adopted the 'unsupported' status as a compromise, gradually reducing maintenance on low-capacity chains while avoiding user disputes caused by asset freezes. The company stated that this move is 'in line with its overall strategy' and also helps maintain brand reputation.
It is noteworthy that one day before this policy announcement, Tether announced it would issue native USDT on the Bitcoin network based on the RGB protocol. Unlike wrapped assets issued through traditional bridging, the RGB protocol allows USDT to be directly integrated into the Bitcoin script and client validation systems to ensure transaction security and immutability.
Currently, USDT is still primarily concentrated on Ethereum and Tron, with Solana being next. Tether's policy adjustment indicates that it is shifting resources towards high-potential ecosystems like Bitcoin and mainstream chains, while gradually exiting low-activity networks.
In summary, this strategic adjustment not only reflects Tether's keen judgment of market trends but may also have far-reaching implications for the ecological development pattern of the entire cryptocurrency market moving forward. How Tether's new layout on Bitcoin will develop in the future, whether it will establish a foothold in the Bitcoin ecosystem or face new challenges, remains to be seen by the market.
What do you think of Tether's policy shift? If your USDT is on an 'unsupported' related chain, would you choose to transfer it early or continue to hold it?
#Tether #USDT #稳定币策略