COINTELEGRAPH · 2026-11-15 06:28 UTC

RWA protocol stUSDT winds down three years after $2.3B TVL peak

RWA protocol stUSDT has begun winding down, with interest accrual on stUSDT ending on Saturday. Holders of stUSDT and wstUSDT can redeem through the official portal until May 14, 2027, with later requests handled in monthly batches through August 2027. The team gave no reason for the shutdown but said underlying assets remain fully backed; TVL peaked at about $2.3 billion in November 2023 and was about $8.6 million on Sunday.

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