PANews February 23 News, according to Artemis Analytics data, the circulating market cap of the world’s largest stablecoin, Tether’s USDT, decreased by approximately $1.5 billion in February, marking the largest monthly decline since the FTX exchange collapse in December 2022. Previously, USDT had shown a continuous growth trend since former U.S. President Trump returned to the White House. This decline also follows a slight pullback in January.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
GI-TOC Latest Report: USDT Becomes New Tool for Gold Laundering in Venezuela
The Global Initiative Against Transnational Organized Crime (GI-TOC) report indicates that Venezuela has become a major destination for illegal Amazon gold and conducts transactions through USDT (Tether), functioning as a money laundering hub. The article also discusses U.S. Congressional legislation targeting illegal gold mining, emphasizing the need to incorporate digital asset provisions to enhance effectiveness.
MarketWhisper1h ago
White House Demands Retraction of Iran Drone Threat Reports to Prevent Public Panic Escalation
The White House has demanded that ABC News retract its report on a potential Iranian attack on California, stating it exaggerated the threat and relied on unverified information. While California's government has made preparations to respond, no imminent threat has been identified. Meanwhile, Iranian drones have become increasingly important in Middle East warfare, and cryptocurrency has also played a role in related supply chains. This incident demonstrates the critical importance of drones and digital currency in modern warfare.
GateNews4h ago
Tether Chief Investment Officer Richard Heathcote Steps Down, Deputy Zachary Lyons Takes Over
Stablecoin Tether's Chief Investment Officer Richard Heathcote will step down and transition to an advisory role, with his deputy Zachary Lyons taking over. During his tenure, he led the company's investment strategy, particularly regarding USDT reserve management and multiple investment transactions. Tether's U.S. Treasury holdings are expected to increase to $122 billion by the end of 2025.
GateNews6h ago
Tether Builds Internal Bitcoin-Specific Dashboard Covering On-Chain Users, Balances, and Transactions
Tether CEO Paolo Ardoino announced that the company has established an internal Bitcoin dedicated dashboard to support global Bitcoin adoption and education. The dashboard displays data on Bitcoin users, balances, and transactions, with currently 4.7 million monthly active users and total assets of approximately 1.6 trillion dollars.
GateNews15h ago
Tether CEO: Bitcoin on-chain users reach 5.71 billion, USDT users approximately 5.5 billion
Gate News reported that on March 12, Tether CEO Paolo Ardoino disclosed on the X platform that there are currently approximately 571 million Bitcoin on-chain users, with quarterly growth exceeding 10 million; USDT user numbers are slightly lower at approximately 550 million, but with quarterly new user additions exceeding 30 million. Paolo Ardoino stated that Tether has always been proud to follow in Bitcoin's developmental footsteps.
GateNews15h ago
Tether Backs Ark Labs’ $5.2 Million Bet on Bitcoin’s Stablecoin Revival
In brief
Ark Labs secured backing from Tether and Anchorage Digital.
The firm plans to advance stablecoins and real-world assets on its Bitcoin layer.
The technology processes transactions off-chain, with fail-safe measures.
Tether has backed Ark Labs in a $5.2 million seed round, as the
Decrypt17h ago
