Why Is Tether USDT Supply Crashing? Biggest Monthly Drop Since FTX as USDC Surges

The post Why Is Tether USDT Supply Crashing? Biggest Monthly Drop Since FTX as USDC Surges appeared first on Coinpedia Fintech News 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. …