Tether Introduces Gold-Backed Stablecoin Alloy

24.06.18 News

Tether has launched Alloy, a gold-backed stablecoin developed by Moon Gold NA and Moon Gold El Salvador. This new digital asset combines the stability of gold with the convenience of digital currency, marking a significant step in asset-backed cryptocurrencies. Alloy aims to provide a secure, stable investment option amidst growing distrust in traditional financial systems and volatility in the cryptocurrency market, appealing to both traditional investors and crypto enthusiasts.

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