What AI says about Alloy by Tether (aUSD₮)

Alloy by Tether creates Tethered Assets that track a reference asset’s price using Tether Gold as collateral to provide stability for digital assets. The first token, aUSD₮, is a USD-denominated tethered asset minted by backing with Tether Gold (XAU₮) and is designed for 24/7 global trading with transparent, real-time visibility of its gold backing. Institutions can mint and redeem these tokens, turning Tether Gold into digital capital while maintaining exposure to gold and a familiar unit of account.