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 New UBS Forecasts Predict Silver Prices to Hit $38 by Mid-2025 READ MORE Hidden Debt: How 'Buy Now, Pay Later' Is Clouding America's Economic Outlook READ MORE President Biden Announces Plans for Student Debt Relief for Over 30 Million Americans READ MORE China's Gold Market: Investment Up, Jewelry Down in Second Quarter READ MORE Gold Prices Surge on Geopolitical Tensions, Then Dip After Fed Comments READ MORE Add a Comment Cancel replyYour email address will not be published.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