Gold-Backed Stablecoin ‘Alloy’
Tether, a prominent stablecoin issuer, has introduced a new product called Alloy, a gold backed stablecoin, with its first token being ‘aUSD₮’. The Tether stablecoin Alloy designed to stabilize prices by collateralizing users’ assets with Tether Gold (XAU₮). Gold has been a trusted store of value for centuries. By tokenizing gold, Tether allows users to […]
Bitcoin or Ethereum: Which One Is Better?
In the realm of cryptocurrency, Bitcoin and Ethereum stand out from others as they shine as the leading contenders for the top spot. Bitcoin is known for its store of value and hedge against inflation, Ethereum on the other hand , with its smart contract capabilities, have revolutionized the way we perceive and utilize blockchain […]
