Are you looking at market cap on https://coinmarketcap.com/currencies/tether
?
Because its been stair stepping down by a few hundred million a click. Not billions, but it is still moving. Won't be too much longer before USDC takes 4th spot. And I've been seeing ads for USDC on Reddit lately, which is interesting.
Ah, you are talking market cap. I was looking at the peg. I think people have been quietly pulling out their tethers, but at some point it will become a bank run.
Hmm .. dont see any significant dip beyond the one last month ...
Are you looking at market cap on https://coinmarketcap.com/currencies/tether ? Because its been stair stepping down by a few hundred million a click. Not billions, but it is still moving. Won't be too much longer before USDC takes 4th spot. And I've been seeing ads for USDC on Reddit lately, which is interesting.
Ah, you are talking market cap. I was looking at the peg. I think people have been quietly pulling out their tethers, but at some point it will become a bank run.