Tether Ends Support for Omni, Kusama, and Bitcoin Cash USDT Transfers
Tether, the largest stablecoin issuer, has announced that it will no longer support Omni, Kusama, and Bitcoin Cash for USDT transfers. This decision comes as the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. Tether will cease issuing USDT on these platforms from August 17, but redemptions will continue for the next 12 months.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Tether Ends Support for Omni, Kusama, and Bitcoin Cash USDT Transfers
Tether, the largest stablecoin issuer, has announced that it will no longer support Omni, Kusama, and Bitcoin Cash for USDT transfers. This decision comes as the Omni Layer faced challenges due to the lack of popular tokens and the availability of USDT on other blockchains. Tether will cease issuing USDT on these platforms from August 17, but redemptions will continue for the next 12 months.