aUSDT redemption deadline set for September 17 as Alloy platform closes
Tether Gold (XAUt)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that holders of aUSDT have until September 17, 2026 to redeem their tokens for Tether Gold (XAUT) via the Alloy platform. After this date, the redemption route through Alloy will be closed to users. The process takes only a few minutes while the platform remains operational.
On September 1, 2026, the outlet checked the Ethereum blockchain using an archive node to trace outstanding amounts back to the announcement day. The data shows that the outstanding amount has barely moved, indicating that most aUSDT remains unreturned. With two weeks left on the clock, the vast majority of tokens are yet to be redeemed.
This event illustrates a standard wind-down procedure where issuers retire specific products. The platform is not an isolated case but part of normal industry business. The article explains the mechanics of redemption and the implications for tax and storage. It highlights that such closures are a routine part of token lifecycle management.
How the market reacted
Whalio's own Binance spot order flow for XAUt, measured when this story was written up on 1 September 2026. Not the outlet's figures.
Whalio data shows XAUt trading at $4,443.22 with a 24-hour buy ratio of 58.3%, indicating that buyers controlled the majority of volume. This buying pressure is stronger than the 4-hour ratio of 58.0% and significantly higher than the 1-hour ratio of 43.1%, suggesting that short-term selling intensity has increased relative to the broader trend. The 24-hour volume delta stands at +$4,570,254, meaning net buying exceeded net selling by this amount over the day. In contrast, the 1-hour volume delta is -$119,855, showing that recent trading has seen more sellers than buyers. The cumulative volume delta (CVD) for the day closed at +$2,669,606, confirming that net buying dominated the session. Net buying occurred for 17 out of 24 hours, with total spot volume reaching $27,457,780 across 67,068 trades.
The latest daily buy ratio of 64.6% sits at the 98th percentile of the last 204 days, against a median of 48.5% - among the strongest buying days it has had.
Twenty-four hours later
What XAUt did over the 22 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for XAUt, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 44.1%, making today’s 24-hour ratio of 58.3% an unusual spike of 14.3 percentage points above the norm. Weekly volume was 1.14 times the average, reflecting heightened activity compared to the prior six days. Despite this surge in relative volume and buying ratio, the coin saw a price change of -4.7% over eight days. The total volume delta for the week was -$16,616,422, indicating that despite today’s strong buying, net selling pressure dominated the full seven-day period. This contrasts with the 24-hour net buying, showing that the recent buying burst was not enough to offset the week’s overall outflows.