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#CelebratingNewYearOnGateSquare 📉 The USDT supply has decreased by $3.7 billion
🔽 In February, the circulating supply of the largest stablecoin USDT decreased by approximately $1.5 billion after a $1.2 billion decline in January.
The issuer Tether explains this as short-term fluctuations rather than a weakening of demand. However, the company is increasingly blocking wallets at the request of government agencies, and such blockages are now in the billions.
✅ This fuels debates about the level of centralization and prompts users to seek alternative digital solutions.