Tether launches token 'supported' by Swiss-stored gold as part | Ethereum ™️ | ETH | News
Tether launches token 'supported' by Swiss-stored gold as part of new line of synthetic crypto
Tether, the world's biggest supplier of dollar-pegged stablecoins, announced it is unveiling a new category of crypto called "tethered assets." It's kicking off the launch of the line of digital assets by introducing of a new token "supported by real physical gold stored in Switzerland," according to a statement released Monday. The first token Tether is launching, dubbed "Alloy by Tether," is being called aUSDT, the statement said.