POPA ReconUSDT Supply Shrinks by $4B Over 60 Days as Investors May Be Exiting Crypto
USDT Supply Shrinks by $4B Over 60 Days as Investors May Be Exiting Crypto According to CryptoQuant data, USDT’s 60-day rolling supply change has declined by about $4 billion, including an $870 million drop over the past 11 days alone. Analyst Stacy Muur said some investors appear to be exiting crypto altogether by converting stablecoins back into fiat, while changing stablecoin yields may also be contributing to the decline. — link
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