RWA Protocol stUSDT Initiates Exit, Opens Redemptions Until May Next Year

Odaily reports: RWA protocol stUSDT has initiated an orderly exit, ceasing reward accrual and opening redemptions for holders. Holders of stUSDT and wstUSDT can redeem through the official portal until May 14, 2027, with overdue applications to be processed monthly by customer service until August 2027. The team stated that the underlying assets remain fully backed but did not disclose the reason for the exit. (Cointelegraph)