Stablecoin supplies and cash reserves in question amid crypto exodus - Cointelegraph

Tether, the largest stablecoin by market capitalization, saw outflows over the past week which amounted to almost double its last reported cash reserves.

Cryptocurrency investors and traders have cashed out $7.7 billion from the stablecoin Tether (USDT), resulting in its market capitalization falling by 7.8% over the past seven days to $76 billion. T… [+2535 chars]

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