Golden Finance reported that Tether announced the official launch of the Alloy by Tether platform, which allows the creation of different tethered assets, aiming to track the price of reference assets through stabilization strategies such as over-collateralization of liquid assets and secondary market liquidity pools. The first token in the Alloy by Tether series is aUSDT. This digital currency is designed to track the value of one US dollar. The uniqueness of aUSDT is that it is over-collateralized by Tether Gold (XAU₮), which means it is backed by real physical gold stored in Switzerland. Users can create aUSD₮ tokens using Tether Gold (XAUt) as collateral.