Market Wrap: Bitcoin Suffers Its Worst Month Since 2011
— Dollar, Tethers, Stablecoin issuer, Pegged usdt token, Reduction, Month, Cut, 5 billion, Market cap, Wrap — 1 min read
Tether's market cap has fallen to $66.1 billion from $82.2 billion in two months. The stablecoin issuer has cut its holdings of commercial paper by 58% to $8.5 billion. A further reduction is expected at the end of the month as it seeks to tackle speculation about the quality of support for its dollar-pegged USDT token. Tether has a market cap of $66 billion, down to $82 billion, from $81 billion in the past two months to $67 billion. Read more here. Back to Mail Online home. Back to the page you came from.com/news/tether-coin-to-the-coin. Back To The page you went from. Source