Tether's Alloy Deadline Puts $50M at Risk in 5 Vaults
The case tests whether tokenized bullion can serve as reliable DeFi collateral when a platform winds down, exposing the infrastructure risk behind on-chain gold.
Every Zipp story tagged #Alloy, newest first.
The case tests whether tokenized bullion can serve as reliable DeFi collateral when a platform winds down, exposing the infrastructure risk behind on-chain gold.
The shutdown is small in dollar terms — aUSDT's $1.27M cap is a rounding error against USDT — but it continues Tether's pattern of pruning peripheral stablecoins to concentrate on its core dollar…