Tether Sees $1B Drop in USDT as Bitcoin Recovery Faces Challenges
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6 Articles
A drop in Tether’s offer (USDT) is generally interpreted as a warning signal for Bitcoin’s recovery, especially because it points to a liquidity cut rather than a massive capital leak. The central problem is not that USDT is collapsing, but that Bitcoin’s rise is becoming more ... Read more
The dollar-pegged stablecoin (USDT) issued by Tether, through which the majority of spot trading volume passes in the crypto market, is shrinking again; on-chain desks are now...
What Falling USDT Supply Means for Bitcoin's Price Recovery
CryptoQuant contributor MorenoDV_ warns in a new analysis that Bitcoin’s rebound is outrunning stablecoin supply, as Tether’s USDT lost nearly $1 billion in market capitalization in five days. With less fresh dollar supply entering the market, the recovery leans more heavily on buyers already in it. USDT Supply Is Lagging Bitcoin’s Rebound Bitcoin’s recovery “is facing a liquidity problem,” the analysis states, because USDT is struggling to retu…
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