USDT stablecoin issuer Tether has announced the official launch of Alloy by Tether with aUSDT as the first token on its lineup.
Tether Brings Real World Assets to Users
In his X post, Tether CEO Paolo Ardoino described aUSDT as a synthetic dollar over-collaterized by Tether Gold (XAUt).
Alloy by Tether is a new token minting platform built on the Ethereum (ETH) network. Per its design, it allows users to create tokens collateralized by the firm’s tokenized gold. The plan is to integrate Alloy into Tether’s digital assets tokenization platform which will go live later this year.
aUSDT, the first Tethered asset, just launched!
aUSDT is a synthetic dollar over-collateralised by XAUt (Tether Gold).
Alloy by Tether is an open platform that allows to create collateralised synthetic digital assets and will soon be part of the new @Tether_to digital assets… https://t.co/J8JyWt9duh
— Paolo Ardoino (@paoloardoino) June 17, 2024
Two members of the Tether Group; Moon Gold NA, S.A. de C
We współpracy z: https://coingape.com/tether-launches-first-gold-backed-over-collateralized-asset/
