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