Tether Launches New Gold-Backed Digital Currency, aUSDT

Tether Launches New Gold-Backed Digital Currency, aUSDT

Tether announced the creation of a new synthetic dollar backed by gold
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Tether-announced-the-creation-of-a-new-synthetic-dollar-backed-by-gold.

Tether announced the creation of a new synthetic dollar backed by gold

The-token,-aUSDT,-was-developed-on-the-company’s-Alloy-by-Tether-platform.

The token, aUSDT, was developed on the company’s Alloy by Tether platform

Tether-Gold-(XAUt),-the-underlying-asset-for-aUSDT,-boasts-a-market-capitalization-of-approximately-$573-million.

Tether Gold (XAUt), the underlying asset for aUSDT, boasts a market capitalization of approximately $573 million

The-stablecoin-issuer-contends-that-this-gold-backed-digital-asset-allows-users-to-engage-in-transactions,-payments,-and-remittances-using-a-currency-similar-to-the-US-dollar.

The stablecoin issuer contends that this gold-backed digital asset allows users to engage in transactions, payments, and remittances using a currency similar to the US dollar

Tether’s-introduction-of-a-gold-backed-synthetic-dollar,-aUSDT-is-a-milestone-in-expanding-the-company’s-stablecoin-offerings.

Tether’s introduction of a gold-backed synthetic dollar, aUSDT is a milestone in expanding the company’s stablecoin offerings

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