Tether’s USDT Supply Shrinks by $4B in 60 Days as Crypto Demand Cools

AI Summary Tether’s USDT supply has declined by about $4 billion on a 60-day rolling basis, according to Cryptoquant data. Analysts say the drop may reflect investors moving back into fiat, weaker speculative demand, and changing incentives across the stablecoin market. Tether Sheds $870M in 11 Days as Stablecoin Demand Weakens Tether’s USDT supply is shrinking after […] fulltext: 368 chars | fulltext source: rss-fallback | summary method: extractive Original: https://news.bitcoin.com/crypto-news/tethers-usdt-supply-shrinks-by-4b-in-60-days-as-crypto-demand-cools/ Source: Bitcoin.com News