Tether winds down gold-backed derivative stablecoin aUSDT

Tether's WDK milestone signals a strategic move to dominate digital wallet infrastructure, potentially centralizing influence in the crypto space. The post Tether’s Wallet Development Kit reaches 100K self-custodial wallets as developer site goes live appeared first on Crypto Briefing.

Tether says it will halt minting and wind down aUSDT, refocusing on USDT and newer stablecoin initiatives.

Tether has started trimming its Bitdeer (NASDAQ: BTDR) stake after reloading on the bitcoin mining and AI data center operator’s stock during a February selloff, generating about $12.7 million in proceeds. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]

Tether revealed its plans to cease support for its derivative gold stablecoin aUSDT after the organization decided to change its product strategy. The organization released the stablecoin in 2024 through Alloy by Tether. Itsa platform created to tokenize digital assets using tokenized collateral. In this case, users were able to

Tether winds down Alloy and aUSDT after weak demand, shifting focus to XAUT, USDT and higher-liquidity products across its larger ecosystem.

Tether is focusing on stronger user demand, deeper liquidity, and broader long-term market opportunity for its leading products.

Tether has reduced its Bitdeer holdings by 627,000 shares after selling stock worth about $12.7 million, while retaining a 19.7% stake in the Bitcoin mining and AI infrastructure company. According to TheEnergyMag, the USDT issuer sold the shares on June…

Tether, the issuer of the world’s most widely used stablecoin, signed a Memorandum of Understanding (MoU) with Dubai Multi Commodities Centre on June 16, 2026, setting up a framework to explore blockchain infrastructure, tokenization, and digital asset education across one of the Gulf’s largest business networks. What the Agreement Covers The MoU is non-binding and […]