Alloy Tether

Alloy Tether, ticker aUSDT, is a stablecoin in the Ethereum ecosystem designed to maintain a value of one US dollar, making it useful for anyone who wants to transact, save, or move value digitally without exposure to the price swings typical of other crypto assets. It is categorised as a commodity-backed stablecoin, meaning its peg is intended to be supported by some form of underlying collateral rather than purely by algorithmic mechanisms. The token is aimed at users who need a stable unit of account or medium of exchange within decentralised finance applications.

aUSDT lives on the Ethereum blockchain, so transfers and interactions are settled through Ethereum's own consensus mechanism rather than one specific to aUSDT itself. The token's block time is recorded as zero, reflecting that it inherits Ethereum's block production rather than running an independent chain. As a commodity-backed stablecoin, the system is designed so that each token in circulation corresponds to collateral held in reserve, though the specific collateral details and redemption mechanics are not included in the stored data.

The stored data contains no fee-stream information for Alloy Tether, which is common for stablecoins where revenue mechanics — such as minting fees, redemption fees, or yield on reserves — are not captured at the token level. Because no fee data is present, fee-based measures that this site might calculate for other assets are not meaningful here and should not be interpreted as evidence that fees are zero in all circumstances. The circulating supply stands at 50,119,208.49 tokens against a market capitalisation of 50,110,423.00 USD at the point in time recorded, and 100 percent of the issued supply is already in circulation with no pending or dilutive overhang.