AUSDT Surges 4.64% After $150M Tether Investment and New DeFi Partnerships Fuel Adoption

Alloy Tether (AUSDT) saw a 4.64% price increase over the last 24 hours, rising from 0.0841 to 0.0880, as reported by Binance. This uptick can be attributed to Tether's recent $150 million investment in Alloy and new partnerships with Vaulta and Fosun Wealth, aimed at expanding AUSDT's integration into DeFi platforms and adoption by Australian self-managed super funds. These developments, combined with enhanced user features such as new withdrawal options and the Alpha Mystery Box airdrop, have contributed to increased interest and activity in AUSDT. The current circulating supply is 50 million with a market capitalization around $50 million, and trading volume has ranged widely from $1.55 to $96,220 across major exchanges, with Bitfinex remaining a key venue for AUSDT trading.