“Unveiling aUSD: Tether’s Gold-Backed Synthetic Dollar Revolution”

Jun 18, 2024

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Tether Introduces aUSDT Backed by Tokenized Gold

Tether Introduces aUSDT Backed by Tokenized Gold

Tether expands beyond its USDT stablecoin by introducing a new synthetic dollar (aUSDT) collateralized by tokenized gold (XAUT).


Tether, the company known for USDT stablecoin, recently unveiled Alloy, a platform on Ethereum that mints a gold-backed stablecoin pegged to the U.S. dollar.

Main Points

Alloy introduces aUSDT, the first Tethered asset over-collateralized by XAUt (Tether Gold) stored in Swiss vaults. This move signifies a shift towards combining the stability of a USD peg with the intrinsic value of gold.

Tether’s innovative approach uses blockchain technology to create aUSDT, backed by tokenized gold reserves valued at approximately $573 million. The integration of gold appeals to investors seeking stability amidst cryptocurrency volatility.

The collaboration with Moon Gold NA, S.A. de C.V. and Moon Gold El Salvador, S.A. de C.V., reflects Tether’s commitment to expanding its offerings and introducing more synthetic assets through platforms like Alloy.


With the launch of Alloy and aUSDT, Tether showcases its leadership in digital asset innovation and diversification strategies. This move could potentially reshape global perceptions and regulations of digital assets amidst increasing regulatory scrutiny in the cryptocurrency space.