What is Tether’s gold-backed stablecoin, ‘Alloy’ (aUSD₮)?

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Alloy by Tether introduces a new class of digital assets called tethered assets, designed to track the price of various assets using robust stabilization mechanisms.

Source: Cointelegraph.com News

#Stablecoin, #GoldBacked, #Tether, #Usdt, #UsDollar

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