Crypto news: Tether has published a particularly important news regarding the launch of a new gold-collateralized stablecoin.
It is called Alloy by Tether and has the symbol aUSDT.
As the symbol itself says, it is always a stablecoin pegged to the US dollar, but unlike USDT it is not collateralized in dollars.
Crypto news: the collateralization in gold of Tether
Tether already years ago had launched a stablecoin collateralized by gold, Tether Gold (XAUT), but in that case it was a simple stablecoin whose value remained pegged to that of gold.
In fact, the price of XAUT is always very similar to that of an ounce of gold, so much so that for example at this moment the price of this token is about $2,320, and that of an ounce of gold (XAU) is always about $2,320.
To achieve parity with gold very simply Tether has in reserve an ounce of gold for every XAUT token issued, and the latter can always be returned to the sender in exchange for an equal amount of gold (1 XAUT
We współpracy z: https://en.cryptonomist.ch/2024/06/18/important-crypto-news-tethers-new-gold-stablecoin/
