Tether has introduced Alloy, a new product blending traditional finance stability with digital asset innovation.
Alloy is a digital asset known as aUSD₮, over-collateralized by Tether Gold (XAU₮), ensuring that for every unit of aUSD₮ created, a larger value of gold is held as collateral in Swiss vaults.
This addresses the common issue of volatility in the cryptocurrency market, offering a stable alternative backed by gold.
Alloy operates through over-collateralization, where users deposit Tether Gold into a smart contract, mint aUSD₮ based on the gold deposited, and use aUSD₮ for various transactions.
This system provides the US dollar's utility with gold's stability, crucial for those wanting to use digital assets without worrying about sudden value drops.
Alloy complements Bitcoin by providing a stable alternative for transactions, allowing diversification of digital asset portfolios, and encouraging mainstream adoption of digital currencies.
Designed for secondary market liquidity, Alloy creates arbitrage opportunities when market prices deviate from the reference price.
If aUSD₮ falls below $1, users can buy it at a discount to release their collateral, while if it exceeds $1, new users can mint and sell it to balance the supply and stabilize the price.
However, from a Shariah perspective, aUSD₮ is not suitable for TijarX as it does not give the holder ownership of the gold per se, unlike alternatives like Ainslie or PAX Gold.
Thus, while Alloy by Tether offers innovative stability and utility, it does not meet the criteria for Shariah compliance, making it unsuitable for those seeking Shariah-compliant investment options.
This highlights the importance of ensuring transparency and adherence to Shariah principles in the evolving landscape of digital currencies.
#Crypto #Blockchain #DigitalAssets #Tether #Alloy #aUSD₮ #TetherGold #XAU₮ #Finance #Stability #ShariahCompliance #Innovation #Cryptocurrency
Alloy is a digital asset known as aUSD₮, over-collateralized by Tether Gold (XAU₮), ensuring that for every unit of aUSD₮ created, a larger value of gold is held as collateral in Swiss vaults.
This addresses the common issue of volatility in the cryptocurrency market, offering a stable alternative backed by gold.
Alloy operates through over-collateralization, where users deposit Tether Gold into a smart contract, mint aUSD₮ based on the gold deposited, and use aUSD₮ for various transactions.
This system provides the US dollar's utility with gold's stability, crucial for those wanting to use digital assets without worrying about sudden value drops.
Alloy complements Bitcoin by providing a stable alternative for transactions, allowing diversification of digital asset portfolios, and encouraging mainstream adoption of digital currencies.
Designed for secondary market liquidity, Alloy creates arbitrage opportunities when market prices deviate from the reference price.
If aUSD₮ falls below $1, users can buy it at a discount to release their collateral, while if it exceeds $1, new users can mint and sell it to balance the supply and stabilize the price.
However, from a Shariah perspective, aUSD₮ is not suitable for TijarX as it does not give the holder ownership of the gold per se, unlike alternatives like Ainslie or PAX Gold.
Chief Shariyah Architect of MRHB, Mufti Billal Omarjee points out that XAU₮, the Tether Gold backing aUSD₮, is also not Shariah-compliant as there is no audit confirming a 1:1 gold reserve ratio.
Thus, while Alloy by Tether offers innovative stability and utility, it does not meet the criteria for Shariah compliance, making it unsuitable for those seeking Shariah-compliant investment options.
This highlights the importance of ensuring transparency and adherence to Shariah principles in the evolving landscape of digital currencies.
#Crypto #Blockchain #DigitalAssets #Tether #Alloy #aUSD₮ #TetherGold #XAU₮ #Finance #Stability #ShariahCompliance #Innovation #Cryptocurrency
MRHB Network Announcements
Secure your financial future with #TijarX. Invest in gold, the asset that grows over time.📈 Simple, secure, and savvy—see why gold is the smart choice for diversifying your investments.🥇 TijarX Walkthrough Video: https://youtu.be/ms56xtOOH04?si=cS5OD0AYEjZN…
Khalid Howladar from MRHB Network and Chris Tipper from Ainslie Bullion dive into the exciting world of ethical finance and DeFi backed by commodities ! 🌐
Discover how MRHB Network is revolutionizing decentralized finance with halal crypto solutions, and learn about the crucial roles of transparency, trust, and security in today’s financial ecosystem. 🌟
Explore the future of finance with tokenized Gold and Silver, self-custody wallets, and so much more. 🔐
Watch now to see how DeFi can empower you with ethical and resilient financial solutions. 💪
#DeFi #Crypto #Blockchain #Gold #Silver #CryptoNews #HalalCrypto #Tokenization #DigitalAssets #CryptoInvesting #SafeInvesting #SmartInvesting
Discover how MRHB Network is revolutionizing decentralized finance with halal crypto solutions, and learn about the crucial roles of transparency, trust, and security in today’s financial ecosystem. 🌟
Explore the future of finance with tokenized Gold and Silver, self-custody wallets, and so much more. 🔐
Watch now to see how DeFi can empower you with ethical and resilient financial solutions. 💪
#DeFi #Crypto #Blockchain #Gold #Silver #CryptoNews #HalalCrypto #Tokenization #DigitalAssets #CryptoInvesting #SafeInvesting #SmartInvesting
YouTube
MRHB : A Modern Solution to Store Your Wealth - Ainslie Insights
Join Khalid Howladar and Chris Tipper as they discuss the intersection of ethical finance and DeFi innovation at @MarhabaDeFi, a platform committed to fostering trust, transparency, and security. MRHB, pronounced 'Marhaba,' signifies inclusivity in decentralized…
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Step into the golden age of investing with #TijarX via Sahal Wallet. 📲 Discover the enduring legacy of gold—a timeless asset that offers both stability and security for your financial portfolio.✨
Start investing in a tradition of wealth today!
TijarX Walkthrough Video:
https://youtu.be/ms56xtOOH04?si=cS5OD0AYEjZN-8Ja
Download Sahal Wallet⬇️
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #Gold #Silver #Defi #Tokenization #DigitalAssets #TokenizedAssets #InvestInGold #TimelessAsset #Web3 #HalalCrypto #HalalWallet #Halal #IslamicDeFi #HalalToken #ShariahCompliant
Start investing in a tradition of wealth today!
TijarX Walkthrough Video:
https://youtu.be/ms56xtOOH04?si=cS5OD0AYEjZN-8Ja
Download Sahal Wallet⬇️
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #Gold #Silver #Defi #Tokenization #DigitalAssets #TokenizedAssets #InvestInGold #TimelessAsset #Web3 #HalalCrypto #HalalWallet #Halal #IslamicDeFi #HalalToken #ShariahCompliant
🌟 Discover a new way to invest in GOLD and SILVER with TijarX! 💰
Now you can own digital tokens that represent real gold and silver, fully backed by physical reserves. 🏅 It's a simple, secure, and cost-effective method to start building wealth, without needing to store or handle the metals yourself. 🏦 Trade easily through a decentralized platform designed for everyone! 🌐
📺 Watch this video guide to learn more:
TijarX Video Guide
Download Sahal Wallet⬇️
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #TijarX #Gold #Silver #GoldInvestment #SilverStacking #TokenizedAssets #DeFi #Crypto #WealthBuilding #Blockchain #DigitalAssets #FinancialFreedom #HalalCrypto #HalalWallet #Halal #IslamicDeFi #HalalToken #ShariahCompliant
Now you can own digital tokens that represent real gold and silver, fully backed by physical reserves. 🏅 It's a simple, secure, and cost-effective method to start building wealth, without needing to store or handle the metals yourself. 🏦 Trade easily through a decentralized platform designed for everyone! 🌐
📺 Watch this video guide to learn more:
TijarX Video Guide
Download Sahal Wallet⬇️
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #TijarX #Gold #Silver #GoldInvestment #SilverStacking #TokenizedAssets #DeFi #Crypto #WealthBuilding #Blockchain #DigitalAssets #FinancialFreedom #HalalCrypto #HalalWallet #Halal #IslamicDeFi #HalalToken #ShariahCompliant
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🚀 Update Sahal Wallet for Endless Crypto Opportunities! 🌐
The latest upgrade is now live for Android and iOS! Enjoy a sleek design, access to 500+ halal coins, and multi-chain compatibility. Download the update now for secure, Shariah-compliant investing, and explore more than ever before! 📲✨
Download Sahal Wallet⬇️
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #Blockchain #DeFi #Web3 #Crypto #CryptoUpdate #CryptoInvesting #MultiChain #DigitalAssets #CryptoInnovation #Halal #HalalCrypto #HalalWallet #HalalToken #ShariahCompliant #IslamicDeFi #IslamicFinance #HalalInvesting
The latest upgrade is now live for Android and iOS! Enjoy a sleek design, access to 500+ halal coins, and multi-chain compatibility. Download the update now for secure, Shariah-compliant investing, and explore more than ever before! 📲✨
Download Sahal Wallet⬇️
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #Blockchain #DeFi #Web3 #Crypto #CryptoUpdate #CryptoInvesting #MultiChain #DigitalAssets #CryptoInnovation #Halal #HalalCrypto #HalalWallet #HalalToken #ShariahCompliant #IslamicDeFi #IslamicFinance #HalalInvesting
Invest in the future of precious metals with TijarX! 💰 Trade tokenized gold and silver with ease, security, and full transparency. No more hassle—access secure commodity trading directly through Sahal Wallet.
Download Sahal Wallet today to start your journey in digital gold and silver trading! 📲
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #TijarX #TokenizedCommodities #Gold #Silver #TokenizedAssets #DigitalAssets #GoldTrading #SilverTrading #Halal #HalalCrypto #IslamicDeFi #HalalWallet #HalalToken #ShariahCompliant
Download Sahal Wallet today to start your journey in digital gold and silver trading! 📲
PlayStore: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
#MRHB #SahalWallet #TijarX #TokenizedCommodities #Gold #Silver #TokenizedAssets #DigitalAssets #GoldTrading #SilverTrading #Halal #HalalCrypto #IslamicDeFi #HalalWallet #HalalToken #ShariahCompliant
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🎨 $DOOD Token Now Available on Sahal Wallet!
Dive into the vibrant world of Doodles with $DOOD, the official utility token of the Doodles NFT ecosystem. Now Shariah-screened and ready for swapping on Sahal Wallet, $DOOD empowers community engagement, governance, and access to exclusive content within the Doodles universe.
🎥 How to Swap Tokens on Sahal Wallet:
https://youtu.be/uZeVSXmwfqg?si=g8n92BeprNr3_DJh
📲 Download Sahal Wallet:
Play Store: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
🎥 Wallet Setup Guide:
https://youtu.be/F9xIzpnTOrs?si=BhxkB00M3-JZDAgL
#SahalWallet #DOODToken #DoodlesNFT #HalalCrypto #ShariahCompliant #Web3 #NFT #DigitalAssets
Dive into the vibrant world of Doodles with $DOOD, the official utility token of the Doodles NFT ecosystem. Now Shariah-screened and ready for swapping on Sahal Wallet, $DOOD empowers community engagement, governance, and access to exclusive content within the Doodles universe.
🎥 How to Swap Tokens on Sahal Wallet:
https://youtu.be/uZeVSXmwfqg?si=g8n92BeprNr3_DJh
📲 Download Sahal Wallet:
Play Store: https://play.google.com/store/apps/details?id=sahal.wallet.app
iOS: https://apps.apple.com/tr/app/sahal-wallet/id1602366920?l
🎥 Wallet Setup Guide:
https://youtu.be/F9xIzpnTOrs?si=BhxkB00M3-JZDAgL
#SahalWallet #DOODToken #DoodlesNFT #HalalCrypto #ShariahCompliant #Web3 #NFT #DigitalAssets
Ramadan doesn’t ask how generous you feel, it asks how accountable you are. 🌙
If you hold digital assets, Zakat isn’t something to “estimate” or delay.
It needs to be calculated properly, on time, and paid to the right place.
With the Zakat Calculator inside Sahal Wallet, you can:
• Calculate Zakat on almost all types of crypto assets
• Know exactly when Zakat applies
• Pay directly to the National Zakat Foundation
• Do it calmly, clearly, and confidently this Ramadan
🎥 How it works (step‑by‑step):
👉 https://youtu.be/3fz25MZtfBg?si=WBzeYctTtrIwAOJf
📲 Get Sahal Wallet:
👉 https://mrhbnetwork.short.gy/sahal-wallet
Zakat is clarity. Not guesswork.
If you hold digital assets, Zakat isn’t something to “estimate” or delay.
It needs to be calculated properly, on time, and paid to the right place.
With the Zakat Calculator inside Sahal Wallet, you can:
• Calculate Zakat on almost all types of crypto assets
• Know exactly when Zakat applies
• Pay directly to the National Zakat Foundation
• Do it calmly, clearly, and confidently this Ramadan
🎥 How it works (step‑by‑step):
👉 https://youtu.be/3fz25MZtfBg?si=WBzeYctTtrIwAOJf
📲 Get Sahal Wallet:
👉 https://mrhbnetwork.short.gy/sahal-wallet
Zakat is clarity. Not guesswork.
#Ramadan #Zakat #ZakatCalculator #IslamicFinance #CryptoZakat #DigitalAssets #FaithAndFinance #Accountability🚨 BTC on massive discount today. Swap now. 🔥
Take advantage of the move with Sahal, swap directly, stay in control, and explore a smarter way to act fast. Swap with BTC-pegged coins to save on bridging costs. 💸
Download Sahal Wallet:
https://mrhbnetwork.short.gy/sahal-wallet
Built for users who want better execution without unnecessary friction. ✅
#SahalWallet #BTC #Bitcoin #Crypto #DeFi #DigitalAssets #Swap #CryptoTrading #Blockchain
Take advantage of the move with Sahal, swap directly, stay in control, and explore a smarter way to act fast. Swap with BTC-pegged coins to save on bridging costs. 💸
Download Sahal Wallet:
https://mrhbnetwork.short.gy/sahal-wallet
Built for users who want better execution without unnecessary friction. ✅
#SahalWallet #BTC #Bitcoin #Crypto #DeFi #DigitalAssets #Swap #CryptoTrading #Blockchain
Google Play
Sahal Wallet - Apps on Google Play
Sahal Wallet - Your gateway to the world of Halal Crypto
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India’s crypto on-ramp just got simpler!
For users who prefer to move from INR to digital assets without the usual banking friction, UPI is now live in Sahal Wallet.
What this solves:
Pay with any UPI app
Convert INR instantly
Access to shariah-screened digital assets
Skip bank wire delays and extra steps
Built for Indian users who want a faster, simpler path into crypto. 🚀
Download Sahal Wallet:
https://mrhbnetwork.short.gy/sahal-wallet
#UPI #Crypto #India #Onramp #DigitalAssets
For users who prefer to move from INR to digital assets without the usual banking friction, UPI is now live in Sahal Wallet.
What this solves:
Pay with any UPI app
Convert INR instantly
Access to shariah-screened digital assets
Skip bank wire delays and extra steps
Built for Indian users who want a faster, simpler path into crypto. 🚀
Download Sahal Wallet:
https://mrhbnetwork.short.gy/sahal-wallet
#UPI #Crypto #India #Onramp #DigitalAssets
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