Tether has announced it will wind down its Alloy platform and the gold-backed aUSDT token, stopping new positions and minting immediately. This move follows a review of customer demand and business priorities, with Tether shifting focus to its Tether Gold (XAUT) and core products. Existing users can redeem aUSDT and withdraw XAUT collateral until September 17, 2026, after which redemption will no longer be possible. The phased shutdown aims to limit exposure while allowing orderly position unwinding.
Tether Wallet version 1.4 now supports the Bitcoin Lightning Network, enabling users to send and receive Bitcoin using BOLT11 invoices and LNURL for faster and lower-cost transactions. This update enhances fee estimation and user experience within Te...
Tether is discontinuing Alloy by Tether and its gold-backed stablecoin aUSDT after evaluating user activity and market demand. Users can redeem aUSDT for XAUT until September 17, 2026, after which recovery through Alloy ends. This move aligns with Te...
In Venezuela, the demand for Tether's stablecoin USDT surged by 16% over the past month, pushing its price above 800 bolivars on P2P platforms like Binance. This rise coincides with a 131% increase in monetary liquidity by the Central Bank of Venezue...
Gate has added RLUSD trading pairs with BTC, ETH, XRP, and USDT, providing direct access to Ripple's dollar-backed stablecoin. Ripple highlights that the XRP/RLUSD pair enhances interoperability and capital efficiency in digital asset markets. To enc...
Binance recorded $43.79 million in net USDT outflows within a single hour, indicating more Tether left the exchange than was deposited. This metric reflects a directional shift in stablecoin balances but does not confirm market motives or trends on i...
