📰 Theter, the company behind the USDT stablecoin, has launched Alloy, a new stablecoin linked to the value of the dollar but guaranteed by physical gold

- What sets a #USDT apart is that it is overcollateralized by Tether Gold (XAUT), meaning it is backed by real physical gold stored in Switzerland.

- This new stablecoin aims to provide a secure and stable digital asset pegged to the value of the US dollar, while being backed by a tangible asset, gold, providing an additional layer of security.