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3 sourcesTracking since 18 Jun, 03:26

Tether winds down gold-backed derivative stablecoin aUSDT

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Chronological coverage

  1. 18 June
  2. Latest18 Jun, 07:02

    Tether Winds Down Gold-Backed aUSDT Stablecoin to Focus on Tether Gold Growth

    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

    TheNewsCryptoTheNewsCrypto•Lakshya Baskar
  3. Follow-up18 Jun, 03:36

    Tether winds down gold-backed derivative stablecoin aUSDT

    Tether's strategic pivot towards tokenized commodities like gold may enhance its market position in crypto-commodity integration.

    CryptoBriefingCryptoBriefing•Editorial Team
  4. First seen18 Jun, 03:26

    Tether winds down gold-backed derivative stablecoin aUSDT

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

    CointelegraphCointelegraph•Martin Young