USDT Could See Largest Monthly Drop Since FTX Collapse as February Sees Sharp Decline

Recent Trends in USDT Market Cap

Despite initial growth following Donald Trump's return to the White House, recent data indicates a notable decline in USDT’s market cap. According to Artemis Analytics, Tether USDT has already lost around $1.5 billion in circulation this February alone.

Shifts in the Stablecoin Market

This drop, following a minor decline in January, could mark the largest monthly fall for USDT since December 2022. That month came shortly after the collapse of Sam Bankman-Fried’s FTX exchange.

• February may be one of the weakest months for USDT in recent history
• Analysts suggest the drop could be linked to policy-related uncertainties
• Short-term investor confidence has been shaken

Outlook Ahead

While USDT faces short-term pressure, its position as a leading stablecoin remains intact. Investors should continue to monitor market trends and regulatory developments in the coming months.