$USDT circulating market cap drops $1.5 billion in February, largest decline since 2022
On February 23, according to data from Artemis Analytics, the circulating market capitalization of #USDT issued by Tether, the worldโs largest stablecoin, declined by approximately $1.5 billion in February. This marks the largest monthly drop since the collapse of FTX in December 2022.๐๐๐ Previously, since former U.S. President Donald Trump returned to the White House, USDTโs circulating market capitalization had shown a sustained growth trend.
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$USDT circulating market cap drops $1.5 billion in February, largest decline since 2022
On February 23, according to data from Artemis Analytics, the circulating market capitalization of #USDT issued by Tether, the worldโs largest stablecoin, declined by approximately $1.5 billion in February. This marks the largest monthly drop since the collapse of FTX in December 2022.๐๐๐
Previously, since former U.S. President Donald Trump returned to the White House, USDTโs circulating market capitalization had shown a sustained growth trend.