Tether Announces Shut Down of Several Transport Layers

Tether has announced its intent to shut down the Kusama, Bitcoin Cash, and Omni Layer transport layers following community demands.

TLDR; Blockchain transport layers are protocols that enable data transmission and communication between different components of a blockchain network, facilitating the exchange of information, transactions, and smart contract execution.

Tether’s Reasoning

Tether consistently evaluates its transport layers, seeking a balance between usability, community preferences, and sustainability. An essential criterion in choosing a specific blockchain for USDT is the community’s level of interest.

Tether meticulously assesses various factors, including security, customer support, compliance, and regulatory compliance, to ensure the chosen blockchain is secure, practical, and sustainable. If a blockchain fails to garner substantial adoption over time, maintaining support becomes inefficient and may compromise security and oversight.

As a result, Tether is discontinuing support for implementations on Kusama, Bitcoin Cash SLP, and the Omni Layer. Despite being Tether’s initial transport layer in 2014, the Omni Layer has encountered challenges due to the scarcity of popular tokens and the availability of USDT on alternative blockchains. This shift led many exchanges to favor different transport layers, resulting in a decline in USDT usage via the Omni Layer on the Bitcoin network.

Conclusion

Tether assures the community that the transition from these transport layers will be executed meticulously to minimize disruptions. The primary focus remains on providing a seamless user experience, and Tether is committed to facilitating a smooth transition. Community feedback and understanding are invaluable as Tether evolves to meet the ever-changing demands of the crypto landscape.