Tether has launched Alloy, a synthetic dollar product backed by Tether Gold, in a move that pushes the stablecoin issuer further beyond simple dollar tokens. TL;DR This article was written by the News Desk and edited by Samuel Rae .
NewsBTC•NewsBTC Editorial Team6 Jul
The integration of tokenized gold into crypto lending could enhance financial flexibility and diversify investment options, impacting market dynamics.
CryptoBriefing•Editorial Team27 JunA wallet linked to TechnoRevenant sold 492 XAUT for $2.05 million and bought 3,457 BNB.
AMBCrypto•Gladys Makena23 Jun
Ledn has added Tether Gold as loan collateral, expanding crypto lending into tokenized gold and real-world asset markets.
NewsBTC•NewsBTC Editorial Team19 Jun
Tether will phase out Alloy by Tether and its gold-backed aUSDT token after reviewing user activity and market demand. Existing users have three months to unwind positions and recover their XAUT collateral. Tether Shuts Down Alloy Platform and Gives Users 3 Months to Recover Gold Collateral Tether will begin winding down Alloy by Tether and […]
Bitcoin.com News•Emmanuel Musa18 Jun
Ledn's move to accept Tether Gold as collateral diversifies risk, enhances liquidity options, and signals a shift in crypto lending dynamics.
CryptoBriefing•Editorial Team18 Jun
Ledn’s addition of Tether Gold lending comes as tokenized commodities expand, with the sector accounting for nearly 17% of the $43 billion RWA market.
Cointelegraph•Sam Bourgi18 Jun
"When XAUT-backed loans go live, you will be able to borrow against your gold the way you already borrow against Bitcoin," Ledn said.
The Block•RT Watson18 Jun
Tether said it is winding down the 'Alloy by Tether' platform and discontinuing support for aUSDT, a stablecoin over-collateralized by XAUT.
The Block•Timmy Shen18 Jun
Tether revealed its plans to cease support for its derivative gold stablecoin aUSDT after the organization decided to change its product strategy. The organization released the stablecoin in 2024 through Alloy by Tether. Itsa platform created to tokenize digital assets using tokenized collateral. In this case, users were able to
TheNewsCrypto•Lakshya Baskar18 Jun
Tether winds down Alloy and aUSDT after weak demand, shifting focus to XAUT, USDT and higher-liquidity products across its larger ecosystem.
Bybit's launch of tokenized gold options could revolutionize crypto markets by integrating traditional finance strategies, attracting institutional investors.
CryptoBriefing•Editorial Team16 Jun
CoinDesk•Omkar Godbole16 Jun