{
  "id": 20127873,
  "title": "RWA protocol stUSDT winds down three years after $2.3B TVL peak",
  "url": "https://urgent.news/2026/11/15/rwa-protocol-stusdt-winds-down-three-years-after-2-3b-tvl-peak",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-15T06:27:26.000Z",
  "source": {
    "name": "Cointelegraph",
    "slug": "cointelegraph",
    "url": "https://cointelegraph.com/news/rwa-protocol-stusdt-winds-down-three-years-after-23b-tvl-peak"
  },
  "original_language": "en",
  "account": null,
  "summary": "RWA protocol stUSDT has initiated its wind-down process, nearly three years after achieving a peak total value locked (TVL) of $2.3 billion. The team has announced the cessation of rewards and opened a six-month redemption window for tokenholders, with the deadline for redemption set for May 14, 2027. Despite not providing a specific reason for the shutdown, the stUSDT team confirmed that all underlying assets remain fully backed. Holders are advised to transfer their tokens to personal wallets before redemption, as those on exchanges or DeFi platforms cannot be redeemed directly.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}