Particle.news
Get it on Google Play
Download on the App Store
6 ARTICLES
·
6d ago

Tether’s Two-Month Slide Deepens Liquidity Strain as USDT Reserves Near $50 Billion

On-exchange balances near a key threshold point to thinner market depth.

Here's how Meta’s 2026 return could reshape stablecoin adoption
Image
Usdt market capitalization drops by over $3 billion, raising market concerns

Overview

  • Tether’s market cap fell 0.8% in February to $183.61 billion, marking a second consecutive monthly decline for the first time since 2022.
  • CryptoQuant data show USDT exchange reserves dropped from $60 billion to $51.1 billion over two months, with $50 billion highlighted as a critical level to watch.
  • On-chain participation has weakened, with active addresses declining from about 376,000 to 263,000 in recent weeks.
  • Tepid demand for U.S.-listed spot bitcoin ETFs and lighter stablecoin balances are limiting the firepower behind recovery rallies.
  • USDC has recovered to nearly $75 billion, while reports of a late-2026 Meta stablecoin and wallet effort suggest potential longer-term adoption drivers.