Tether pulls the plug on its Gold-backed aUSDT

Tether revealed that it will deactivate its Alloy by Tether platform and discontinue the production of aUSDT tokens, removing one of the few gold-linked stablecoin experiments from the market. The deadline for aUSDT coin holders to liquidate their positions is 17 September 2026. This comes following Tether’s focus on high-liquidity assets. aUSDT was created in...