Well, hold onto your hats, folks! In a shocking twist that nobody saw coming-except maybe your grandmother who always says “I told you so!”-Tether’s USDT supply plummeted to a mere $183.7 billion in February! That’s right, down a whopping 1.7% from January. Talk about a downward spiral! It’s like watching a balloon slowly deflate at a kid’s birthday party after the cake has been cut.
This, my friends, marks the biggest monthly decline since the infamous FTX collapse, which, let’s be real, was about as subtle as a marching band in a library. And guess what? The drop is largely due to redemptions outpacing new issuances-it’s like a game of musical chairs, and everyone’s scrambling for a seat before the music stops! Plus, we have Europe’s MiCA regulations playing referee, Bitcoin taking a nosedive with a delightful 23% decline this year, and investors jumping ship to alternatives like USDC-because apparently, people love a good plot twist.
But fear not! In the midst of this rollercoaster ride, USDT’s $1 peg remains more stable than my uncle Larry at Thanksgiving dinner-backed by solid reserves! It seems there’s still a flicker of market confidence in this stablecoin. So grab your popcorn, folks, because this financial drama is far from over!
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2026-02-20 16:07