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 Fed's Dilemma: Is a Quarter-Point Cut Enough to Stave Off Recession? READ MORE Yield Curve Uninverts: A New Economic Warning Sign? READ MORE Can I Buy Gold With a Credit or Debit Card? READ MORE Banks Offload Bonds at a Loss, Betting on Future Fed Rate Reductions READ MORE The Day the Hunt Brothers Capped the Price of Gold READ MORE Add a Comment Cancel replyYour email address will not be published.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