Wire · technology
Tether Scraps Plans to Launch Its Own Blockchain for USDT, Sticks to Ethereum and TRON
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Fusion42 · 13 August 2026 · Fusion42 review
Tether has cancelled plans to launch its own blockchain for USDT, choosing to continue issuing on Ethereum and TRON instead due to the dominance and maturity of existing blockchains. This decision reflects market consolidation with the top five chains controlling the large majority of locked assets, signalling a shift to multichain optimisation rather than new chain creation.
This Wire brief sits within Fusion42's coverage of Crypto & Web3.
◆ ◆ The Wire takeaway
You must align your stablecoin or crypto token strategy with dominant chains like Ethereum and TRON, rather than betting on new blockchain launches. This reduces your technical risk and focuses your efforts on leveraging established ecosystems where liquidity and developer support are proven.
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1 source · 12 Aug 2026
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