Tether Launches Alloy Digital Asset Backed by Real Gold
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#533be264 ver:0.34
Tether, the largest company in the cryptocurrency industry, has launched Alloy by Tether, a new digital asset backed by Tether Gold. Alloy introduces tethered assets, tracking the price of reference assets through stabilization strategies. The first token, aUSD₮, is over-collateralized by Tether Gold, providing stability and security backed by physical gold. Tether aims to create an open platform for different tethered assets and combat illicit finance. This launch diversifies Tether's portfolio beyond the US Dollar and offers an ecosystem for creating various Tether assets. #cryptocurrency #goldbackedtoken #stablecoin...
#newstr #Tether #Alloy #DigitalAsset #Gold #Cryptocurrency
https://here.news/story/533be264?ver=0.34
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