Tether Launches First Gold-Backed Over Collateralized Asset

USDT stablecoin issuer Tether has announced the official launch of Alloy by Tether with aUSDT as the first token on its lineup. Tether Brings Real World Assets to Users In his X post, Tether CEO Paolo Ardoino described aUSDT as a synthetic dollar over-collaterized by Tether Gold XAUt XAUt - $2991.121

Source: coingape.com

Related symbols: SIRIUSUSD

2024-06-17 16:02:02 GMT.

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Price & Market Data

Price: $2991.121

Volume 24h: $24,998,564.24

Market Cap: $737,383,056.55

Description

Tether Gold (XAUt) is a cryptocurrency launched in 2020and operates on the Ethereum platform. Tether Gold has a current supply of 246,524. The last known price of Tether Gold is 2,990.201911 USD and is up 0.24 over the last 24 hours. It is currently trading on 124 active market(s) with $25,074,925.63 traded over the last 24 hours. More information can be found at https://gold.tether.to/.