Alloy Tether

Alloy Tether (aUSDT) is a stablecoin within the Ethereum ecosystem that is categorized as a commodity-backed stablecoin, meaning its value is intended to track a reference asset rather than float freely with market demand. It is designed for users who want to hold or transact in a token whose price stays close to one US dollar. The asset sits in the broader Tether family of stablecoins and targets anyone seeking price stability denominated in US dollars on Ethereum.

aUSDT lives on the Ethereum blockchain and carries no recorded block time of its own, indicating it relies on Ethereum's settlement layer rather than a separate consensus mechanism. The token's commodity-backed classification suggests its supply is supported by some form of reserved or collateralized asset, though no further mechanical detail is stored in this record. The entire circulating supply of approximately 50,119,208 tokens accounts for 100 percent of supply issued, with no additional supply pending or subject to dilution overhang.

No fee stream is recorded in the data for aUSDT, which means this site does not carry fee-based metrics such as protocol revenue or fee yield for this asset. The 24-hour turnover ratio stands at 0.000002 of market capitalization, and the 30-day average volume-to-market-capitalization ratio is 0.050032, reflecting how actively the outstanding supply changes hands relative to its size over those respective periods. Because there is no fee data, any fee-based valuation measures that this site might apply to other assets are not applicable here.