Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet (María Paula Mijares Torres/Bloomberg)
María Paula Mijares Torres / Bloomberg: Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet — - Alloy by Tether designed to track dollar with gold collateral — Tether Gold has a $573 million market capitalization
![Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet (María Paula Mijares Torres/Bloomberg)](https://assets.bwbx.io/images/users/iqjWHBFdfxIU/iMoU3zSThFes/v0/1200x800.jpg)
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María Paula Mijares Torres / Bloomberg:
Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet — - Alloy by Tether designed to track dollar with gold collateral — Tether Gold has a $573 million market capitalization