Tether, the world's biggest supplier of dollar-pegged stablecoins, announced it is unveiling a new category of crypto called "tethered assets."

It's kicking off the launch of the line of digital assets by introducing of a new token "supported by real physical gold stored in Switzerland," according to a statement released Monday.

The first token Tether is launching, dubbed "Alloy by Tether," is being called aUSDT, the statement said.

"Alloy by Tether is an open platform that allows [users] to create collateralized synthetic digital assets and will soon be part of the new Tether digital assets tokenization platform, launching later this year," the company's CEO Paolo Ardoino posted to X.

Tether described aUSDT as a cryptocurrency "designed to track the value of one U.S. dollar" but "is …