Tether Announces Launch of New Gold-Backed Stablecoin With Overcollateralized Reserves

The firm behind the largest stablecoin by market cap is launching a new digital asset backed by real gold. USDT issuer Tether is announcing a new digital asset backed by over-collateralized Tether Gold (XAUT) called aUSDT.

Source: dailyhodl.com

Related symbols: STABLEUSD