Tether Launches a New Gold-Backed Dollar-Tracking Token Tether has introduced “Alloy,” a new gold-backed asset, with its first token, aUSD₮, pegged to the U.S. dollar and backed by Tether Gold. This innovative product aims to provide price stability by combining the stability of the dollar with the value of gold. The system adjusts collateral values in real-time, and liquidates assets if gold’s value drops too low, ensuring overall stability. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Mortgage Rates Hit 16-Month Low as Fed Signals Rate Cuts READ MORE The Regional Banking Crisis Never Ended READ MORE 25 Million Borrowers to Receive Student Loan Forgiveness Updates READ MORE Rising Economic Activity Challenges Central Bank Rate Cut Plans READ MORE Market Data Hints at Massive Yen Intervention by Japan READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment