Tether launches Alloy by Tether platform, with the first token being aUSD.
2024-06-17 12:09:56
Tether has announced the official launch of the Alloy by Tether platform, which allows the creation of different tethered assets, designed to track the price of reference assets through stable strategies such as current asset over-collateralization and secondary market liquidity pools. The first token in the Alloy by Tether family is aUSD. This digital currency is designed to track the value of one dollar. aUSD is unique in that it is over-collateralized by Tether Gold (XAU), which means it is backed by real physical gold stored in Switzerland. Users can create aUSD tokens using Tether Gold (XAU) as collateral.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
Tether推出Alloy by Tether平台，首个代币为aUSD₮Next article：
ZK上线几个小时内交易量已达近9900万美元
