According to ChainCatcher, Tether has officially launched the Alloy by Tether platform, which allows the creation of different "tethered assets" and aims to track the price of reference assets through stable strategies such as over-collateralization of liquid assets and secondary market liquidity pools.

It is reported that the first token in the Alloy by Tether series is aUSD₮. This digital currency is designed to track the value of one US dollar. The uniqueness of aUSD₮ is that it is over-collateralized by Tether Gold (XAU₮), which means that it is backed by real physical gold stored in Switzerland. Users can create aUSD₮ tokens using Tether Gold (XAU₮) as collateral.