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USDT vs. XAUt vs. aUSDT: A Look at Tether's Stablecoins

Intermediate
Stablecoin
Aug 26, 2024
5 min read
0

Tether, a prominent player in the cryptocurrency landscape, has expanded its offerings with three distinct stablecoins: USDT, XAUt and aUSDT. Each of these digital assets serves a unique purpose while maintaining the core principle of stability that defines stablecoins. But which do you think will serve you better?

This article explores the characteristics and functionalities of Tether's USDT, a dollar-pegged stablecoin; XAUt, which is backed by physical gold; and aUSDT, a synthetic dollar that’s overcollateralized by Tether Gold. 

Key Takeaways:

  • USDT is the most widely recognized stablecoin, offering stability and liquidity that make it ideal for traders and investors seeking minimal volatility.

  • XAUt provides a digital avenue for gold investment, combining the stability of gold with the efficiency of blockchain technology to appeal to those interested in precious metals.

  • aUSDT is a unique stablecoin that merges the liquidity of USDT with the added security of being backed by gold, making it a great choice for investors who want a blend of stability and security.

  • Each of Tether's stablecoins — USDT, XAUt and aUSDT — offers distinct advantages, depending upon whether you prioritize dollar stability, investment in gold or a combination of both.

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