Tether Unveils aUSDT: A New Gold-Backed Digital Currency For Payments – Details
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Tether, the issuer of the largest stablecoin in the cryptocurrency market, USDT, announced on Monday the creation of a new gold-backed digital currency called aUSDT. The token, aUSDT, was developed on the company’s Alloy by Tether platform. By leveraging smart contracts on the Ethereum Mainnet blockchain, users can mint aUSDT by over-collateralizing it with another

Source: Bitcoin World