 | Investors withdrew more than $9 billion from Tether as it briefly fell from the $1 peg, raising new questions about the reserves that underlie the world’s largest stablecoin. According to Coingecko data, the circulating supply of Tether has dropped from around $83 billion to $74 billion at press time. Tether’s circulating supply drops, raising new concerns about stablecoin backing. Read more: https://cryptowallcity.com/tether-circulating-supply-drop-raising-concerns/ [link] [comments] |
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