Tether has introduced a new type of digital asset called Alloy.

The first token in the Alloy line was aUSDT, which is designed to track the value of one US dollar.

aUSDT is backed by Tether Gold (XAUT), meaning it is backed by real physical gold stored in Switzerland.

Users can create aUSDT tokens using XAUT as collateral. This can be useful for users who want to make payments in currencies without selling their gold.

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