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stUSDT Winds Down, Sets May 2027 Redemption Deadline

stUSDT Winds Down, Sets May 2027 Redemption Deadline
AI summary

stUSDT, a yield-bearing USDT product, is winding down and has set a May 2027 redemption deadline. Rebase rewards stop on Nov. 14, and holders must unstake before claiming their USDT, with late redemption requests routed into monthly support batches. The wind-down removes a yield venue for stablecoin holders and signals contraction in this segment of the market, though the long deadline limits immediate selling pressure.

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