🚨 Tether $USDT lost $6.6 billion in market capitalization in 60 days, declining faster than during the period following the FTX collapse.
📌 USDT’s market cap fell to around $177 billion (November 7–8, 2026); in the week ending November 7 alone, supply fell by $3.1 billion, the largest weekly drop of 2026.
📌 The total stablecoin supply across the market fell by $6.66 billion that week, the sharpest decline of the year; USDT remained pegged at $0.9989, with a reserve buffer of $7.95 billion.
Controlled outflows, with defensive sentiment spreading to $BTC , $ETH as stablecoin liquidity contracts.
💬 Do you see this outflow as a reallocation of capital or a sign of broader liquidity risk?
#CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).
📌 USDT’s market cap fell to around $177 billion (November 7–8, 2026); in the week ending November 7 alone, supply fell by $3.1 billion, the largest weekly drop of 2026.
📌 The total stablecoin supply across the market fell by $6.66 billion that week, the sharpest decline of the year; USDT remained pegged at $0.9989, with a reserve buffer of $7.95 billion.
Controlled outflows, with defensive sentiment spreading to $BTC , $ETH as stablecoin liquidity contracts.
💬 Do you see this outflow as a reallocation of capital or a sign of broader liquidity risk?
#CryptoNews
🔗 Source: Crypto Briefing
⚠️ This information is for reference only and is not investment advice. Do your own research before making a decision (DYOR).