Tether's Wallet Development Kit (WDK) has surpassed 100,000 self-custodial wallets, marking a significant step in its effort to build wallet infrastructure for stablecoins and Bitcoin. The WDK is an open-source toolkit enabling developers to create multi-chain wallets where users control their private keys, supporting Bitcoin and Tether tokens like USD₮ and gold-backed XAU₮. Alongside the milestone, Tether launched a developer site with resources and integration guides, emphasizing an AI-native design and no vendor lock-in. This move positions Tether to potentially dominate the wallet infrastructure layer, increasing the use of its stablecoins while maintaining openness through partnerships and community engagement.
Tether is shutting down Alloy by Tether and its aUSD₮ stablecoin, ending its experiment with gold-backed collateralized lending on the blockchain. The platform allowed users to mint a synthetic dollar asset backed by tokenized gold but saw limited de...
Tether announced it will phase out its derivative gold stablecoin aUSDT due to low adoption and shift focus to Tether Gold (XAUt), which has seen rising demand. aUSDT, launched in 2024 via Alloy by Tether, allowed users to mint dollar-pegged assets b...
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...
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...
