Tether Shuts Down aUSDT: Why the Stablecoin Giant Killed Its Gold-Backed Dollar
Tether is shutting down aUSDT, its gold-backed synthetic dollar, after the token reached just $1.27 million in supply. Here's what the closure reveals about…
Stablecoins are a category of cryptocurrency designed to maintain a stable value against a reference asset, such as a fiat currency (e.g. the US dollar) or a commodity (such as gold).
127 PostsTether is shutting down aUSDT, its gold-backed synthetic dollar, after the token reached just $1.27 million in supply. Here's what the closure reveals about…
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