1/ Introducing Alloy by Tether, the first Tethered Asset.
aUSD₮ is over-collateralised on-chain by Tether Gold XAU₮, merging the dollar utility with the millennial store of value gold.
2/ Tethered Assets are digital assets that aim to track the reference price of another asset through different stabilisation mechanisms.
3/ In the case of Alloy by Tether, aUSD₮ is over-collateralised by XAU₮ and its price stability is maintained through supply/demand dynamics on secondary markets (including liquidity pools).
4/ aUSD₮ unifies the most popular currency in the world with the store of value used by humanity for the last 5 thousand years.
5/ Alloy by Tether provides long-term holders the opportunity to maintain exposure to gold, while in parallel obtaining a dollar-referenced Tethered Asset for payments and day-to-day economy.
6/ Alloy by Tether is an open platform that allows the creation of different Tethered Assets with broader backing mechanics, potentially including yield-bearing products.
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