TechFlow News: On June 18, Tether announced officially that, following an assessment of user activity, market demand, and the company’s overall strategic priorities, it will phase out support for the Alloy by Tether platform and its aUSD₮ stablecoin. Effective immediately, the platform will disable the creation of new positions and the minting of new aUSD₮. Existing users may still redeem their aUSD₮ and withdraw the gold-backed stablecoin XAU₮ over the next three months.
Starting September 17, 2026, users who have not completed redemption will no longer be able to retrieve their XAU₮ via the platform. Tether stated that it will redirect resources toward further development of XAU₮ and other core products within its ecosystem.
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