Hey I am on Medial • 1y
The creators of USDT have announced a new cryptocurrency backed by gold - aUSDT. 🪙 Alloy will become an entire pool of currencies backed by precious metals. The first in the pool is the aUSD₮ token. Its value is $1, but there's a twist. The token is not backed by dollars but by physical gold stored in a Swiss bank. There is also a token for this gold, XAU₮. 🏦 In the future, Tether plans to use a similar scheme with other fiat currencies. Based on physical gold converted into crypto via the XAU₮ token, crypto-euros, francs, and other currencies will emerge. They will be returned to the gold standard.
Cofoudner 6thlabs • 20d
How about fantasy crypto trading? Like there can be pools for people to join, and each person in the pool will be provided $1m virtual funds. They can use these funds to make their crypto portfolio, and at the end of the pool, a leaderboard will be
See MoreLet's break all rule... • 7m
💠 Avalanche Raises $250M Amid Major Overhaul of Layer-1 Blockchain Avalanche, a layer-1 blockchain, has successfully raised $250 million in a token sale led by Galaxy Digital, Dragonfly, and ParaFi Capital, with participation from over 40 investmen
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