Tether Records Second Straight Monthly Decline as Stablecoin Growth Stalls Across Crypto Market

TLDR: Tether’s market cap fell 0.8% in February to $183.61 billion, extending January’s 1% slide from a record high.  The two-month contraction is the first since the 2022 TerraForm Labs collapse shook stablecoin confidence.  Weak demand for U.S.-listed spot bitcoin ETFs and shrinking stablecoin supply cloud recovery prospects.  USDC rebounded to nearly $75 billion from [...]

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