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

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. … source: https://coinpedia.org/news/why-is-tether-usdt-supply-crashing-biggest-monthly-drop-since-ftx-signals-shift/