Alloy Tether aUSDTPrice $ 0.9983

Alloy by Tether is a digital asset platform developed by Tether, in collaboration with Moon Gold NA, S.A. de C.V., and Moon Gold El Salvador, S.A. de C.V. It introduces a new category of tethered assets backed by Tether Gold (XAUT), aiming to provide stability in the digital economy.

The platform's first offering, aUSDT, is a digital currency pegged to the value of one US dollar, collateralized by physical gold stored in Switzerland. This over-collateralization ensures the value of aUSDT remains stable and secure. Users can mint aUSD₮ tokens by depositing XAUT as collateral via Ethereum-compatible smart contracts, offering transparency and reliability. Alloy by Tether is designed to support a range of tethered assets, potentially including yield-bearing products, making it a versatile tool for digital transactions and asset management.