Source: Coindesk.com
Tether, the company behind the $110 billion stablecoin (USDT), debuted Monday a new token minting platform called Alloy on the Ethereum network that lets users create tokens collateralized by Tether's tokenized gold (XAUT).
"Alloy by Tether is an open platform that allows to create collateralized synthetic digital assets and will soon be part of the new Tether
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Source: Coindesk.com