You could always make your own centering rings from paper. That way, you could make two or three (3 if you want to build a standard Estes type adapter) rings that will slide better than a flat ring will.
To make a ring to adapt a T-2.5 to a BT-5, start with a piece of scrap T-2.5 to use as a mandrel. You will need a sheet of 20 lb printer paper (do NOT use 24# - these measurements depend on the right weight paper). Cut two 14" strips (full length) and one 4" strip. Width depends on how wide you need the ring to be. For standard rings I make them 2mm wide, but for an adapter you might want the aft one a bit wider. (If you want to use letter size paper, you will need two 11" strips and one 10" strip.)
Mix a bit of Elmers white glue with water - about 50/50 is right. Start the first wrap around the mandrel and tack with a bit of glue - be careful that you don't glue the paper to the mandrel. Paint the inside of the paper strip, about 4-5 inches at a time with the thinned glue and wrap it tightly. When you finish with the first strip, start the second right where the first ends - no overlap or gap. Repeat with the third strip. When done, move the ring on the mandrel to make sure it hasn't gotten glued in place and let dry. Or, if you are careful, you can go ahead and remove the ring from the mandrel and let dry - just be careful you don't deform it when you take it off the mandrel. Once dry, you can treat it just like you would treat an Estes paper centering ring/motor block. If needed, you can sand it a bit.