[Golden News] Tether, the company behind the stablecoin USDT with a market value of $110 billion, recently launched a new token minting platform called Alloy on the Ethereum network. The platform allows users to create tokens collateralized by Tether's tokenized gold (XAUT). Tether CEO Paolo Ardoino said that Alloy is an open platform that allows the creation of collateralized synthetic digital assets and will soon become part of the new Tether digital asset tokenization platform. The platform may offer yield products in the future. The first asset offered on the platform is aUSDT, whose price is pegged to the US dollar, and investors can mint aUSDT by depositing Tether's XAUT as collateral. The aUSDT token is aimed at users who want to use cryptocurrencies for payments and remittances without selling their gold-backed tokens.