Why Is Tether USDT Supply Crashing? Biggest Monthly Drop Since FTX as USDC Surges
Tether’s USDT just posted a $1. 5 billion supply drop in February, marking the largest monthly decline since the aftermath of the FTX collapse in December 2022. The circulating supply slid to roughly $183. 7 billion as of February 19, down from a $187 billion peak in early January, according to Artemis Analytics data reported by Bloomberg. …
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