USDT accounted for 63% of the 5.8 billion unit drop in the supply of dollar-denominated stablecoins between Oct. 28 and Nov. 4, Defillama data show. Bank reserve balances at the Federal Reserve rose by $67.6 billion this week.
USDT accounted for 63% of the 5.8 billion unit drop in the supply of dollar-denominated stablecoins between Oct. 28 and Nov. 4, Defillama data show. Bank reserve balances at the Federal Reserve rose by $67.6 billion this week.
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