Meerab
07/12 05:09

This marks a significant shift in the stablecoin’s deployment strategy, as Tether looks to focus on networks with greater usage and long-term viability. The announcement, made public via social media, signals a tightening of Tether’s multi-chain approach and could impact users who still rely on these networks.
According to Tether, the decision was driven by its commitment to maintain “robust and efficient transport layers.” These five networks have shown declining usage and community activity, which made their continued support less sustainable from both a security and operational standpoint.
Omni, one of the first networks to host USDT, has seen its relevance fade with newer, faster networks entering the scene. Similarly, platforms like EOS and Algorand, once seen as strong contenders in the blockchain race, have not gained the traction Tether deems necessary to continue support.
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