Tether Announces Launch of Alloy by Tether: A New Digital Asset Backed by Tether Gold

https://tether.io/news/tether-announces-launch-of-alloy-by-tether-a-new-digital-asset-backed-by-tether-gold/

Introducing Alloy by Tether, the first Tethered Asset.

aUSD₮ is over-collateralised on-chain by Tether Gold XAU₮, merging the dollar utility with the millennial store of value gold.

Tethered Assets are digital assets that aim to track the reference price of another asset through different stabilisation mechanisms.

In the case of Alloy by Tether, aUSD₮ is over-collateralised by XAU₮ and its price stability is maintained through supply/demand dynamics on secondary markets (including liquidity pools).

aUSD₮ unifies the most popular currency in the world with the store of value used by humanity for the last 5 thousand years.

Alloy by Tether provides long-term holders the opportunity to maintain exposure to gold, while in parallel obtaining a dollar-referenced Tethered Asset for payments and day-to-day economy.

Alloy by Tether is an open platform that allows the creation of different Tethered Assets with broader backing mechanics.


Visit Website 👉 https://alloy.tether.to/en/

Tether Launches Initiative to Boost Blockchain and Digital Asset Education in Taiwan
https://tether.io/news/tether-launches-initiative-to-boost-blockchain-and-digital-asset-education-in-taiwan/

Alloy by Tether, aUSDT is now available on Bitfinex

Tether Announces Strategic Transition to Prioritize Community-Driven Blockchain Support
Read more: https://tether.io/news/tether-announces-strategic-transition-to-prioritize-community-driven-blockchain-support/

Tether and Vietnam Blockchain Association Team Up to Drive Blockchain and AI Education in Vietnam
Read more: https://tether.io/news/tether-and-vietnam-blockchain-association-team-up-to-drive-blockchain-and-ai-education-in-vietnam/

Tether Provides an Update on Prioritizing Community Preferences for Blockchain Support in Strategic Shift

Road More:
https://tether.io/news/tether-provides-an-update-on-prioritizing-community-preferences-for-blockchain-support-in-strategic-shift/

Philip Gradwell, Former Chief Economist at Chainalysis, Joins Tether as Head of Economics

https://tether.io/news/philip-gradwell-former-chief-economist-at-chainalysis-joins-tether-as-head-of-economics/

Tether Releases Q2 2024 Attestation: Reports Record-Breaking $5.2 Billion Profit In First Half Of 2024, Highest Treasury Bill Ownership Ever and Largest Ever Group Consolidated Equity At Almost $12 Billion
https://tether.io/news/tether-q2-2024-attestation-reports-record-breaking-5-2-billion-profit-in-first-half-of-2024-highest-treasury-bill-ownership-ever-largest-ever-group-consolidated-equity-at-almost-12-billion/

Tether and Xion Global Announce Strategic Collaboration to Enhance Blockchain Education in South Africa
https://tether.io/news/tether-and-xion-global-announce-strategic-collaboration-to-enhance-blockchain-education-in-south-africa/

Assange Family to Join Lugano’s Third Plan ₿ Forum To Discuss Freedom of Speech
https://tether.io/news/assange-family-to-join-luganos-third-plan-b-forum-to-discuss-freedom-of-speech/

Tether And Africa Blockchain Institute Collaborate To Educate Students Across Ivory Coast Universities About Blockchain Technology
Learn more: https://tether.io/news/tether-and-africa-blockchain-institute-collaborate-to-educate-students-across-ivory-coast-universities-about-blockchain-technology/

Tether To Make Strategic $3 Million Investment in Kem, Paving the Way for Financial Inclusion in the Middle East
Learn more: https://tether.io/news/tether-to-make-strategic-3-million-investment-in-kem-paving-the-way-for-financial-inclusion-in-the-middle-east/

Tether to Develop UAE Dirham-Pegged Stablecoin

Read more:

https://tether.io/news/tether-to-develop-uae-dirham-pegged-stablecoin/

Tether Proactively Assists U.S. DOJ in Criminal Investigation and Victim Recovery

Read More:
https://tether.io/news/tether-proactively-assists-u-s-doj-in-criminal-investigation-and-victim-recovery/

Tether and Rezo Money Collaborate to Promote Blockchain Education in Guinea

Read more:

https://tether.io/news/tether-and-rezo-money-collaborate-to-promote-blockchain-education-in-guinea/

Tether Collaborates with Reku to Strengthen Crypto Literacy in Indonesia

Read more:
https://tether.io/news/tether-collaborates-with-reku-to-strengthen-crypto-literacy-in-indonesia/

Tether, TRON and TRM Labs Establish First-Ever Private Sector Financial Crime Unit to Combat Crypto Crime

Industry Leader Jesse Spiro Joins Tether as Head of Government Affairs