AUSDT Price Drops 3.26% Amid SEC Guidance, Alloy Launch, and Governance Upgrades on Binance
AUSDT, a gold-backed stablecoin from Tether, has seen a 24-hour price decrease of 3.26%, with the current price at 0.0802 (per Binance) compared to an opening price of 0.0829. This price movement is likely influenced by recent SEC regulatory guidance on stablecoins, which has impacted liquidity and market activity, as well as heightened attention from the launch of Alloy by Tether (aUSDT), introducing gold-backed collateral and new airdrop claims enabled via Binance Alpha. Additionally, the establishment of PermawebDAO aims to enhance governance transparency for AUSDT. The 24-hour trading volume is moderate, reflecting ongoing market adaptation to these developments and increased differentiation between similar AUSDT assets.