Mars Finance reports that, according to Artemis Analytics data, the circulating market value of the world’s largest stablecoin, Tether’s USDT, has decreased by approximately 1.5 billion USD this month, marking the largest monthly decline since the FTX exchange collapse in December 2022. Previously, USDT had shown a continuous growth trend since former U.S. President Trump returned to the White House. This decline also follows a slight pullback in January.
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USDT circulating market cap decreases by $1.5 billion, the largest decline since 2022
Mars Finance reports that, according to Artemis Analytics data, the circulating market value of the world’s largest stablecoin, Tether’s USDT, has decreased by approximately 1.5 billion USD this month, marking the largest monthly decline since the FTX exchange collapse in December 2022. Previously, USDT had shown a continuous growth trend since former U.S. President Trump returned to the White House. This decline also follows a slight pullback in January.