Recently, Tether, the company behind USDT, the world’s most widely used stablecoin, announced a major change in its strategy. Instead of supporting USDT on a wide range of blockchains, Tether is cutting support for five networks: Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand. After this change, nearly all USDT, about 96% or $154 billion, will be concentrated on just two blockchains: Ethereum and Tron. This decision is not random. The blockchains being dropped have very little USDT activity compared to Ethereum and Tron, which together handle almost all USDT transactions and liquidity. Tether explained that the move is about focusing on blockchains with strong developer communities, high scalability, and active user bases, qualities that are now essential for stablecoins to thrive.

This shift marks a turning point in the crypto world. In the past, companies tried to be everywhere at once, spreading their tokens across as many blockchains as possible. Now, the industry is maturing, and the focus is shifting from quantity to quality. Blockchains that cannot keep up with the demands of real-world use, such as handling lots of transactions quickly and cheaply or attracting developers who build new features, are being left behind. Tether’s decision sends a clear message: only blockchains with real activity, strong technology, and engaged communities will survive in the long run. This is not just about USDT; it is a sign that the whole crypto industry is moving toward supporting fewer, but much stronger, blockchains. As a result, we can expect to see more projects concentrate their efforts on high-performing networks, while older or less active blockchains may fade into the background unless they find ways to innovate and stay relevant.