Alloy by Tether Closure: How to Redeem aUSDT Before September 17

Alloy by Tether is winding down, and the clock is ticking. If you minted aUSD₮ using XAU₮ (Tether Gold) as collateral, you’ve got a clear deadline to unwind and get your gold-backed tokens back.

The last day to use the platform to redeem collateral is September 17, 2026. After that, platform redemptions stop. No new positions, no fresh minting, and no post-deadline do-overs.

This guide lays out who needs to act, how to redeem aUSD₮ into XAU₮, and what to do if you’re simply holding aUSD₮ you bought on an exchange. Keep it simple. Move early. Double-check links.

Point Details Final date Alloy by Tether redemptions end on September 17, 2026; new position creation and minting are already disabled (KuCoin News). Who must act Users who opened positions (minted aUSD₮ against XAU₮) need to repay and redeem collateral before the cutoff. If you just hold aUSD₮ Secondary-market holders without vaults likely can’t redeem for XAU₮ via the platform; consider swapping on a DEX/CEX. On-chain snapshot aUSD₮ supply sits around 50M with 82 holders per Etherscan; market cap is just under $50M at snapshot time (Etherscan). Price behavior CoinGecko records an all-time low of $0.9698 on June 30, 2026, showing peg risk near unwind events (CoinGecko). Collateral note XAU₮ received Shariah certification on July 27, 2026, independent of the Alloy wind-down (Tether).

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