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Market
What will be the adoption rate of aUSDT by merchants by December 17, 2024?
5
Resolution / Starting Odds
High • 33%
Moderate • 33%
Low • 34%
Reports from payment processors and Tether's announcements
Story
Tether Launches aUSDT Dollar-Pegged Stablecoin Backed by Gold on Bitfinex
Jun 17, 2024, 02:20 PM
Tether, the world's largest stablecoin issuer, has announced the launch of a new dollar-pegged stablecoin called aUSDT. This new digital asset is over-collateralized by Tether Gold (XAUt), combining the stability of the US dollar with the value of gold. The product, named 'Alloy by Tether,' aims to provide a seamless utility and timeless value, merging the dollar's utility with gold's store of value. The aUSDT will be available for trading on Bitfinex and is part of Tether's broader strategy to expand its portfolio of digital assets. The gold backing the aUSDT is physical gold stored in Switzerland.
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High adoption (over 30% of euro stablecoin market) • 25%
Moderate adoption (10-30% of euro stablecoin market) • 25%
Low adoption (under 10% of euro stablecoin market) • 25%
Negligible adoption (under 1% of euro stablecoin market) • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 20% • 25%
More than 20% • 25%
Above 50% adoption • 25%
30-50% adoption • 25%
10-30% adoption • 25%
Below 10% adoption • 25%
Yes • 50%
No • 50%
Regulatory changes • 25%
Market demand • 25%
Blockchain congestion • 25%
Other • 25%
PayPal • 25%
Square • 25%
Stripe • 25%
None of the above • 25%
Stays within 5% of $1 • 33%
Fluctuates between 5% and 10% of $1 • 33%
Fluctuates more than 10% of $1 • 33%
Below $100 billion • 25%
$100 billion to $125 billion • 25%
$125 billion to $150 billion • 25%
Above $150 billion • 25%
Less than 25% • 25%
25% to 50% • 25%
51% to 75% • 25%
More than 75% • 25%