Tether is shutting down Alloy by Tether and the gold-backed aUSDT token, urging users to redeem and withdraw holdings before September 17, 2026. This move impacts users holding XAUT. Will this shift affect trust in stablecoins? #CryptoNews #Stablecoins #Tether

Tether is winding down the Alloy project and the aUSDT token 🪙 Tether announced the closure of the Alloy platform and the aUSDT stablecoin, backed by XAUt gold. Immediately after the interface update, the creation of new positions was blocked. Users were given 3 months (until September 17) to withdraw assets and retrieve collateral. The reason is low demand and a focus on other products. #Crypto | #Tether | #aUSDT | #XAUt

Tether is shutting down Alloy by Tether (@Alloy_tether) and aUSDT, its gold-backed synthetic dollar experiment 🚨 The platform let users mint aUSDT using Tether Gold (XAUT) as overcollateralized collateral, combining stablecoins, RWAs, and synthetic assets in a single product. @tether says it’s now shifting focus toward XAUT and other core ecosystem products. A reminder that not every crypto experiment fails. Some simply teach valuable lessons before the next iteration begins 🎬 Read about Tether-verse 👇🌎

Tether is shutting down Alloy by Tether and its gold-backed overcollateralized stablecoin aUSDT after just two years. 🥇 Gold-backed collateral 💵 Dollar-pegged stablecoin 🔒 Overcollateralized design ⚙️ Complex minting mechanics The result?👇👇👇

📰 Tether shuts down Alloy and discontinues aUSDT 🪦 Holders have until September 2026 to redeem their tokens as Tether refocuses on its core offerings. #Stablecoin

❌ @tether is winding down @Alloy_tether and its gold-backed derivative stablecoin $aUSDT. Existing users will have three months to redeem $aUSDT and withdraw their $XAUT collateral. The decision brings an end to a product launched in June 2024. Alloy allowed users to deposit $XAUT as collateral and mint $aUSDT through @ethereum smart contracts, providing dollar-like liquidity without requiring users to sell their gold exposure. The company noted that Alloy provided insights into demand for gold-backed digital assets, collateral-based products, and tokenized RWAs. Tether will now focus on initiatives with “stronger user demand, deeper liquidity, and broader long-term market opportunity.”

Reminder for SoDEX TON users: TON-USD Perps enter reduce-only mode today at 07:00 UTC and will be delisted at 08:00 UTC. Please manage any open positions in advance. TON/USDC Spot delisting and the 1:1 TON → GRAM swap will follow on Jun 30.

Dubai DMCC Partners with Tether to Boost Blockchain Adoption Dubai Multi Commodities Centre (DMCC) has signed a strategic partnership with Tether to accelerate blockchain adoption and expand tokenized finance solutions across global trade ecosystems. #Blockchain #Crypto #Dubai #DMCC #Tether #Web3 #Tokenization #Fintech #DigitalAssets #Stablecoin

Tether partners with Dubai’s DMCC on tokenization initiatives @tether signed an MOU with Dubai’s @DMCCAuthority free zone to collaborate on blockchain education, tokenization projects, and digital asset development. The partnership aims to support practical blockchain adoption through workshops, pilot programs, and industry initiatives across the region.