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Market
What will be the market cap ranking of aUSDT among stablecoins by December 31, 2024?
5
Resolution / Starting Odds
Top 3 • 33%
Top 5 • 33%
Below Top 5 • 34%
Market capitalization data from financial analytics platforms
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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Similar markets
Top 5 stablecoins • 33%
Top 6-10 stablecoins • 33%
Outside top 10 stablecoins • 33%
Below $100 billion • 25%
$100 billion to $125 billion • 25%
$125 billion to $150 billion • 25%
Above $150 billion • 25%
Below $120 billion • 25%
$120 billion to $130 billion • 25%
$130 billion to $140 billion • 25%
Above $140 billion • 25%
First • 25%
Second • 25%
Third • 25%
Fourth or lower • 25%
1st • 25%
2nd • 25%
3rd • 25%
4th or lower • 25%
Bitcoin, Ethereum, Tether • 25%
Bitcoin, Tether, Ethereum • 25%
Ethereum, Bitcoin, Tether • 25%
Other • 25%
Top 5 • 25%
Top 10 • 25%
Top 20 • 25%
Outside Top 20 • 25%
