Overview

• Tether's aUSDT token is backed by Tether Gold (XAUT) and pegged to the US dollar.
• Users can mint aUSDT by depositing XAUT on the new Alloy by Tether platform.
• The platform allows for the creation of various tethered assets with potential yield-bearing products.
• Tether aims to diversify beyond its flagship USDT stablecoin amid growing competition.
• The aUSDT token is designed for payments and remittances without selling gold-backed assets.