🪙 Cryptocurrency 3d ago · Coin Edition

Tether Shuts Down Gold-Backed Stablecoin aUSDT

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Tether shuts down Alloy and aUSDT after a review finds insufficient user demand and liquidity.



New minting and positions blocked immediately as a three-month redemption window opens today.



Holders must return aUSDT by 17 September 2026 or lose the ability to recover XAU collateral.




Tether is shutting down Alloy by Tether and its gold-backed stablecoin aUSDT following a review of user activity, market demand, and company priorities. The platform launched as an experiment in gold-collate

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