Tether, Inc. Discontinues Support for USDT Tokens on Five Legacy Chains – Tokens Frozen as of September 1st

Tether, Inc. Discontinues Support for USDT Tokens on Five Legacy Chains – Tokens Frozen as of September 1st

Tether ends support for USDT tokens on five legacy chains

Tether, Inc. has announced that it will end support for USDT tokens on five legacy chains. This change will take effect on September 1st, when the affected tokens will be frozen.

The move comes as Tether focuses on its busiest networks. The company aims to provide its users with a more efficient and stable trading environment.

Tether's decision means that users operating on these legacy chains will have to adjust their transactions and holdings to keep their businesses running smoothly. Tether recommends affected users to take care of transferring their tokens to supported chains early to avoid possible losses.

This development highlights a trend in the cryptocurrency industry where companies are optimizing their infrastructure and focusing on more powerful networks to better serve the needs of their users.

Information about the specific legacy chains on which support will be discontinued has not yet been released. Users should therefore actively inform themselves about the current developments at Tether in order to be well prepared.

Tether remains a key player in the stablecoin space and will continue to adapt its strategies to meet the ever-changing needs of the market.