Tether supply hits $80B for the first time since May 2022 — Stablecoin rivals stumble

tether-supply-hits-$80b-for-the-first-time-since-may-2022-—-stablecoin-rivals-stumble

The supply of USDT across cryptocurrency exchanges has dropped 28% in 2023, hinting at an overall decline in demand for stablecoins.

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