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Alloy by Tether ends redemptions for aUSD₮ backed by Tether Gold on Sept 17, 2026

Market News
30 Jul 2026
Crypto Daily
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Neutral
pluang ai news

Alloy by Tether is shutting down its platform for minting and redeeming aUSD₮ tokens backed by XAU₮ (Tether Gold). Users who minted aUSD₮ using XAU₮ as collateral must repay their debt and redeem their gold-backed tokens by September 17, 2026, after which redemptions will no longer be possible. Those holding aUSD₮ purchased on exchanges cannot redeem directly through Alloy and should trade their tokens on exchanges or DEXs. The shutdown means users must act early to avoid losing access to their collateral and to navigate potential liquidity and gas fee challenges near the deadline.

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