Tether CEO: The stable mechanism of aUSDT is different from USDT, and Tether Gold needs to be mortgaged to create it.

XAUT-0.57%
Odaily Planet Daily News Tether CEO Paolo Ardoino said the newly launched Alloy by Tether is an open platform that allows the creation of different series of assets with a broader support mechanism. aUSDT is a digital asset pegged to gold and linked to a reference fiat currency, with a stability mechanism different from USDT. It requires the use of Tether Gold (XAUT) as collateral to create, mainly targeting users who want to use a currency familiar to the US dollar for digital trading, payment, and remittance without having to sell Tether Gold.
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