Tether to Discontinue aUSDT and Wind Down Alloy by Tether
- Tether has halted minting of aUSDT and disabled new positions on the Alloy platform.
- Users can return their aUSDT and withdraw XAUT until September 17, 2026.
- The decision follows an assessment of user activity and market demand, prioritizing products with stronger adoption.
- This move is part of a broader strategy, similar to the discontinuation of Tether’s euro-pegged stablecoin, EURT.
- Alloy by Tether was launched in response to insights from tokenized assets but is being phased out for resource reallocation.
The phased wind-down of Alloy aims for an orderly transition as Tether shifts focus to more viable products like XAUT. Users must act before the deadline to recover their assets effectively.
With the immediate halt on aUSDT minting, existing users have until September 2026 to manage their holdings before losing access to XAUT through Alloy. (Source)