"Tether (USDT) Supply Decreases by Over $1.3 Billion"

Source
Son Min

Summary

  • It was reported that the circulating supply of Tether (USDT) has decreased by over $1.3 billion in the past 10 days.
  • There are concerns that Tether (USDT) could be delisted following the implementation of the MiCA law in Europe.
  • The decrease in Tether's supply and regulatory concerns are significant risk factors for investors.

An analysis has emerged indicating that the supply of Tether (USDT) is slowing down.

On the 27th (local time), virtual asset analyst Ali Martinez stated on X, "The money printer is slowing down," noting that "the circulating supply of USDT has decreased by over $1.3 billion in the past 10 days."

Meanwhile, with the MiCA law set to be implemented in Europe on December 30th (local time), there are concerns that Tether (USDT) could be delisted.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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