Tether (USDT), the world’s largest stablecoin, saw its total supply fall sharply this month as more investors traded the token in for dollars. The trend comes in the wake of one of the worst crypto crashes seen in recent times. Concerns over Terra’s UST had also seen USDT briefly de-peg to $0.95– its lowest level

The post Tether (USDT) Supply Plummets To $74 Bln, Will It Crack Under Pressure? appeared first on CoinGape.



Share To:

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Why Are Gold and Bitcoin Prices Seeing Massive Losses Right Now?

Gold and Bitcoin are both experiencing significant declines, reflecting shifts in investor sentiment. Gold prices fell by more than 7% on Fr...