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UST de-pegging incident

The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%

The Number of Tethers in Circulation Dropped by Over 12 Billion in 2 Months, USDC Grew by 9%During the last two months, the stablecoin tether has been one of the most traded crypto assets swapped against a myriad of digital currencies. 66 days ago on April 11, 2022, tether’s market valuation was over $82 billion with 82,694,361,442 tethers in circulation. Since then, more than 12 billion tethers have been removed from circulation […]

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