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Tether will phase out operations of aUSD and focus on core products such as XAU in the future
According to official sources, Tether announced that it will stop supporting the AlloybyTether platform and aUSD in phases after evaluating user activity, market demand and the company's overall strategic priorities. Starting from now on, the platform will turn off the functions of creating new positions and casting aUSD. Existing users can still return aUSD and withdraw gold stablecoin XAU within the next three months. Starting from September 17, 2026, users who have not completed the return will no longer be able to retrieve XAU through the platform. Tether said that resources will be concentrated on XAU and other core products in the ecosystem in the future.