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stUSDT Ends Yield Rewards, Sets Redemption Deadline
The stablecoin token stUSDT and its wrapped version wstUSDT cease rebase rewards on November 14, 2026, and holders have until May 14, 2027, to redeem. The protocol operates on Tron and Ethereum, and users must unstake and claim USDT through a dedicated website. Late requests will be processed in monthly batches through August 2027, with support available via Telegram.
stUSDT is winding down its yield-bearing stablecoin receipt token and wrapped version, wstUSDT, according to The Defiant. The protocol announced the discontinuation and a redemption window opening November 14. Holders must follow specific steps to unstake and claim USDT through the official portal.
The platform operates on Tron and Ethereum, and users must withdraw tokens to personal Web3 wallets first. The unwinding guide sets the closing time at 7:59 p.m. ET on May 14, 2027. After that deadline, support will handle late requests in monthly batches through August 2027.
Rewards were distributed through a process called rebasing, and the team stated that all underlying assets remain fully backed. Users are advised to connect a wallet and submit the unstake-and-claim process. The platform warns that exchanges and DeFi protocols will gradually discontinue support.
The shutdown guide does not specify a redemption rate or fee schedule. Users with tokens on exchanges such as JustLend, SunSwap, or Curve must transfer assets to personal wallets first. The team directs users to an official Telegram support group for assistance and clarifies that no direct messages or private keys will be requested.
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