Tether, the top stablecoin provider, says it made a new synthetic dollar that is backed by gold and will trade as aUSDT via smart contracts on Ethereum Mainnet (María Paula Mijares Torres/Bloomberg)

https://www.bloomberg.com/news/articles/2024-06-17/tether-announces-a-new-synthetic-dollar-that-is-backed-by-gold

http://www.techmeme.com/240617/p26#a240617p26