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DeFiSource: Blockonomi ·

Tether Supply Decline Reveals Wider Stablecoin Contraction

CryptoQuant reports that USDT market capitalization contracted by $6.6 billion over 60 days. CryptoQuant says the contraction exceeded twice the comparable December 2022 decline following FTX’s collapse. DefiLlama recorded a $289.81 billion stablecoin market on November 10, down 4.57% over 30 days.

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This headline and summary were published by Blockonomi. CryptoNewsroom did not write or verify this story and shows it only as a pointer to the original. See how we select sources. Nothing here is financial advice.

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