Tether shuts down Alloy as XAUT becomes bigger gold bet

Tether's WDK milestone signals a strategic move to dominate digital wallet infrastructure, potentially centralizing influence in the crypto space. The post Tether’s Wallet Development Kit reaches 100K self-custodial wallets as developer site goes live appeared first on Crypto Briefing.

Tether says it will halt minting and wind down aUSDT, refocusing on USDT and newer stablecoin initiatives.

PI's progress has been halted as the broader market has turned red im the past 24 hours.

Binance’s 43rd proof of reserves shows user BTC and ETH balances rising in June, while USDT holdings fell by about 460 million tokens total.

Tether has started trimming its Bitdeer (NASDAQ: BTDR) stake after reloading on the bitcoin mining and AI data center operator’s stock during a February selloff, generating about $12.7 million in proceeds. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides news, […]

Bitcoin's decline amid Fed's hawkish stance highlights shifting investor preferences towards traditional safe havens, impacting crypto demand. The post CryptoQuant: Fed’s hawkish dot plot drives Bitcoin below $64K as gold stages comeback appeared first on Crypto Briefing.

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

Tether's strategic pivot towards tokenized commodities like gold may enhance its market position in crypto-commodity integration. The post Tether winds down gold-backed derivative stablecoin aUSDT appeared first on Crypto Briefing.