Tether has announced the launch of a new digital asset, Alloy, backed by #Tether Gold. This "revolutionary asset" is designed to redefine stability in the digital economy by combining the benefits of a stable unit of account with the reliability of gold. The first token in the #Alloy lineup, $aUSDT, tracks the value of the US dollar and has an oversupply of physical gold held in Switzerland. Users can create $aUSDT using $XAUT as collateral via smart contracts based on #Ethereum .

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