This marks the first major consolidation of a dominant stablecoin across blockchain networks, reducing from 7 to 2 primary chains. The unprecedented concentration of digital currency control aligns with prophetic warnings about centralized economic authority. The timing of September 1 coincides with multiple financial system changes predicted for late 2025.
Tether's 5-Chain Shutdown: Digital Babylon's Currency Consolidation
📰 What Happened
Tether announced it will cease USDT support on five blockchain networks (Omni Layer, Bitcoin Cash SLP, Kusama, EOS, and Algorand) effective September 1, 2025. The company aims to concentrate operations on its primary networks TRON and Ethereum. CEO Paolo Ardoino emphasized this enables focus on platforms with 'greater scalability and developer activity.' EOS network, holding 4.3M USDT, must rebuild stablecoin liquidity after rebranding to Vaulta. Users must swap tokens before the freeze date.
📖 Prophetic Significance
The consolidation toward two dominant networks (TRON/Ethereum) mirrors the biblical pattern of Babylon's centralized economic control. The freezing of assets on five networks, affecting millions in USDT tokens, demonstrates how quickly digital wealth can be restricted - a capability necessary for the prophesied economic control system (Rev 13). The CEO's emphasis on 'scalability' and 'developer activity' indicates the infrastructure building for a unified digital currency system that could enable the mark of the beast payment structure.