Tether has launched a new gold-backed stablecoin named Alloy (aUSD₮), which leverages Tether Gold (XAU₮) for stability. This article delves into the concept of Alloy, its underlying mechanisms, and its advantages within the digital asset landscape. What is a Tethered Asset? Tethered assets, commonly known as stablecoins, are digital tokens pegged to the value of … Continue reading Understanding Tether’s Gold-Backed Stablecoin, ‘Alloy’ (aUSD₮)