Tether, the company that issues USDT, is about to discontinue USDT on five blockchains.

This is move was justified by Tether CEO Paolo Ardoino as a way to "focus on platforms that offer greater scalability, developer activity and community engangement."

USDT has a market cap of $134.9 billion, and these five blockchains provide a relatively low impact and contribution on that front.

The five networks in question are Omni Layer, Bitcoin Cash SLP, Kusama, EOS (which rebranded to Vaulta) and Algorand.

Omni Layer holds a net circulation of $82.9 million USDT, EOS has $4.2 million, Bitcoin Cash SLP has $986,500, Algorand follows with $240,000 and then Kusama with $240,000.

What do these five networks have in common? They're all being quickly forgotten.

That tells us something.