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Tether Introduces Alloy: A Synthetic Dollar Backed by Tether Gold
* Tether introduces Alloy, a gold-backed stablecoin pegged to USD on the new Alloy platform. * Alloy (aUSDT) is overcollateralized by Tether Gold (XAUt) and is a synthetic dollar. * Users can mint aUSDT by depositing XAUT through smart contracts and price oracles. * Alloy by Tether offers long-term exposure to gold while providing