Is Alloy Tether a scam?
Asked about Alloy Tether (AUSDT), market cap rank #450.
Short answer
Alloy Tether (AUSDT) has been scored on isthiscoinascam.com and has a moderate score — some risk signals were raised but no critical concerns.
Source: isthiscoinascam.com · Updated 2026-06-07
Positive signals
- Project documentation states aUSD₮ is designed to be tethered to the USD via Tether Gold (XAU₮) backing and on-chain transparency through smart contracts. ([docs.alloy.tether.to](https://docs.alloy.tether.to/alloy-by-tether/alloy-by-tether-vaults/ausdmnt?utm_source=openai))
- Alloy by Tether publishes quarterly independent third-party assurance/attestation reports for aUSD₮ reserves. ([alloy.tether.to](https://alloy.tether.to/en/faq/?utm_source=openai))
- Contract address for the token is documented in the Alloy by Tether user documentation. ([docs.alloy.tether.to](https://docs.alloy.tether.to/alloy-by-tether/alloy-by-tether-vaults/ausdmnt?utm_source=openai))
Security audits
4 audits on record.
- Harris&Trotter (2024-12-31) — pass
- Harris&Trotter (2025-03-31) — unknown
- Harris&Trotter (2025-06-30) — unknown
- Harris&Trotter (2025-09-30) — unknown
Team transparency
The Alloy Tether team is anonymous — public identities are not on record.
See the full report
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