Tether Launches First Gold-Backed Over Collateralized Asset

1 min read

1 year ago bitnews

USDT stablecoin issuer Tether has announced the official launch of Alloy by Tether with aUSDT as the first token on its lineup. Tether Brings Real World Assets to Users In his X post, Tether CEO Paolo Ardoino described aUSDT as a synthetic dollar over-collaterized by Tether Gold (XAUt). Alloy by Tether is a new token The post Tether Launches First Gold-Backed Over Collateralized Asset appeared first on CoinGape .