USDT market supply significantly declined in February
The market supply of the USDT stablecoin decreased by 1.5 billion USD in February after a 1.2 billion USD drop in January. This decline indicates a notable shift in the token’s dynamics during the final winter months.
This trend could mark the largest reduction in USDT supply since December 2022, when investors withdrew around 2 billion USD from Tether following the collapse of the FTX exchange. The decrease in the token’s market capitalization reflects rising risks and a potential reassessment of USDT’s role among crypto assets.
Looking ahead, USDT supply volumes may stabilize or recover depending on market developments and investor confidence.
