Intel Hub • Kusama Network: Tether's Strategic Shift and DeFi Expansion
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Kusama Network: Tether's Strategic Shift and DeFi Expansion

October 11, 2025 1 min read

Kusama, a prominent blockchain network, is undergoing significant changes as Tether plans to halt USDT operations on the platform by September 2025, reflecting a strategic shift towards more popular Layer 2 solutions. Concurrently, the Kusama network is preparing for its next round of parachain auctions, highlighting its ongoing commitment to innovation and expansion within the decentralized finance ecosystem.

Kusama, a prominent blockchain network, is undergoing significant changes as Tether plans to halt USDT operations on the platform by September 2025, reflecting a strategic shift towards more popular Layer 2 solutions. Concurrently, the Kusama network is preparing for its next round of parachain auctions, highlighting its ongoing commitment to innovation and expansion within the decentralized finance ecosystem. In parallel, the Kusama network is gaining attention through its association with Shiba Inu's lead developer, Shytoshi Kusama, who is exploring ambitious initiatives such as a potential 99% burn of SHIB's circulating supply. These developments underscore Kusama's influence in the cryptocurrency market, as it navigates both challenges and opportunities in a rapidly evolving digital asset landscape.
Tags
#Kusama #KSM #Tether #USDT #DeFi #parachain auctions #crypto news #Shiba Inu #market trends #blockchain

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