Introducing Alloy by Tether: Revolutionizing Stability with Tether Gold-Backed Digital Assets

Tether introduces Alloy, a digital asset platform tying the stability of the USD to the security of gold reserves in Swiss vaults. The platform’s first token, aUSD₮, leverages smart contracts and price oracles to maintain value integrity. “Alloy represents a significant advancement in digital currency by creating gold-backed tethered assets,” stated Paolo Ardoino, CEO of

Source: CoinOtag