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

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

The stUSDT real-world asset protocol is shutting down, roughly three years after reaching a peak total value locked of $2.3 billion. The team gave no reason for the wind-down but said all underlying assets remain fully backed for holders. Traders should watch for redemptions and any spillover into sentiment around tokenized RWA products.

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