Tether aUSDT to Shut Down as Company Ends Support for Alloy

Tether, the company behind the world’s largest Stablecoin USDT, has announced plans to wind down Alloy by Tether and discontinue support for aUSDT, a dollar-pegged Stablecoin backed by Tether Gold (XAUT). The company said the decision comes after reviewing user activity, market demand, and its long-term business priorities. Going forward, Tether plans to focus more