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 Retaliation Promised: Biden's Response to Drone Attack in Jordan READ MORE SAXO Bank: Can Gold Overcome the ‘September Curse’? READ MORE Goldman Sachs: Rising Unemployment Not a Recession Signal READ MORE US Treasuries Boom: Paying Out $2 Million Per Minute Amidst Rising Yields READ MORE Pandora's Eco-Friendly Shift: Committing to 100% Recycled Silver and Gold READ MORE Add a Comment Cancel replyYour email address will not be published.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