🔻 Tether's price has stabilized, but the stablecoin's supply is still shrinking
The price of the ($USDT) stabilized on Wednesday, trading on par with the U.S. dollar. The stablecoin’s exchange rate has been volatile in the past few weeks, falling as low as 85 cents on Kraken in mid-October. Reasons for recovery are unclear, but the supply of tether in circulation has fallen rapidly.
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