💰⚡️ Tether has announced the launch of a new asset class backed by Tether Gold to improve value stability. The new token, named "Alloy," is backed by Tether Gold (XAU₮), a token that provides ownership of real physical gold. The first #tokens in the Alloy lineup, aUSD₮, is designed to track the value of one U.S. dollar and overlaps with Tether Gold, which is backed by "real physical gold stored in #Switzerland ".

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