{"id":94514,"date":"2026-02-20T19:03:37","date_gmt":"2026-02-20T16:03:37","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=94514"},"modified":"2026-02-20T19:05:20","modified_gmt":"2026-02-20T16:05:20","slug":"usdt-supply-nears-largest-monthly-decline-since-2022","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/usdt-supply-nears-largest-monthly-decline-since-2022\/","title":{"rendered":"USDT Supply Nears Largest Monthly Decline Since 2022"},"content":{"rendered":"<p>The market supply of the <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoin<\/a> USDT from <a href=\"https:\/\/forklog.com\/en\/news\/what-is-tether-usdt\">Tether<\/a> decreased by $1.5 billion in February, according to <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2026-02-20\/tether-s-usdt-set-for-biggest-monthly-retreat-since-ftx-collapse\">Bloomberg<\/a>, citing data from Artemis Analytics.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-e9fd58872f83a64a-6819270504582457.webp\" alt=\"image\" class=\"wp-image-275509\"\/><figcaption class=\"wp-element-caption\">Source: Bloomberg.<\/figcaption><\/figure>\n<p>In January, the coin&#8217;s market capitalization also fell by $1.2 billion. <\/p>\n<p>If the trend continues, USDT could record its largest supply drop since December 2022 by the end of the winter month. Back then, following the <a href=\"https:\/\/forklog.com\/en\/news\/greed-and-recklessness-why-the-ftx-collapse-is-being-likened-to-the-2008-crisis\">collapse of the FTX crypto exchange<\/a> led by Sam Bankman-Fried, investors withdrew $2 billion from Tether&#8217;s flagship asset.<\/p>\n<p>The total capitalization of the stablecoin segment increased from $302.9 billion to $304.6 billion in February. The supply of USDT&#8217;s main competitor, <a href=\"https:\/\/forklog.com\/en\/news\/what-is-the-usdc-stablecoin\">USDC from Circle<\/a>, rose by nearly 5% since the beginning of the month to $75.7 billion.<\/p>\n<p>Tether&#8217;s coin maintains dominance in the segment with a capitalization of approximately $183 billion. The figure peaked at around $187 billion in early January. However, by the end of 2025, USDC <a href=\"https:\/\/forklog.com\/en\/news\/usdc-surpasses-usdt-in-defi-usage-activity\">surpassed<\/a> USDT in on-chain transaction volume \u2014 $17.3 trillion versus $12.9 trillion.<\/p>\n<p>The stablecoin sector received a significant boost in 2025 thanks to the friendly policies of U.S. President Donald Trump, who prioritized stablecoins. In July, the president signed the <a href=\"https:\/\/forklog.com\/en\/news\/donald-trump-enacts-stablecoin-legislation\">Genius Act<\/a>, establishing regulatory frameworks for pegged tokens.<\/p>\n<p>At the end of January, Tether <a href=\"https:\/\/forklog.com\/en\/news\/tether-launches-federally-regulated-stablecoin-usat-in-the-us\">introduced<\/a> a federally regulated stablecoin, USAT, for the U.S. market. According to <a href=\"https:\/\/www.coingecko.com\/en\/categories\/stablecoins\">CoinGecko<\/a>, the asset&#8217;s capitalization remains stable at a modest ~$20 million. In comparison, the supply of the <a href=\"https:\/\/forklog.com\/en\/news\/trump-family-secures-control-over-world-liberty-financial\">Trump family&#8217;s<\/a> World Liberty Financial stablecoin, <a href=\"https:\/\/forklog.com\/en\/news\/market-capitalisation-of-usd1-stablecoin-surpasses-2-billion\">USD1<\/a>, launched in May 2025, has already surpassed $5 billion. Blockstreet co-founder Kyle Clemmer believes that by the end of Donald Trump&#8217;s second term in 2028, USD1 will <a href=\"https:\/\/forklog.com\/en\/news\/usd1-predicted-to-dominate-stablecoin-market-by-2028\">dominate the segment<\/a>, overtaking USDT and USDC.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"310\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-babf66c1a866f030-6819270544593308-1024x310.jpeg\" alt=\"image\" class=\"wp-image-275510\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-babf66c1a866f030-6819270544593308-1024x310.jpeg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-babf66c1a866f030-6819270544593308-300x91.jpeg 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-babf66c1a866f030-6819270544593308-768x232.jpeg 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-babf66c1a866f030-6819270544593308.jpeg 1272w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: CoinGecko.<\/figcaption><\/figure>\n<p>By the end of 2025, Tether&#8217;s net profit <a href=\"https:\/\/forklog.com\/en\/news\/tethers-annual-profit-surpasses-10-billion\">exceeded $10 billion<\/a>. The company accumulated a reserve of <a href=\"https:\/\/forklog.com\/en\/news\/tethers-gold-reserves-reach-148-tonnes-says-jefferies\">148 tonnes of physical gold<\/a>, according to Jefferies.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The market supply of the stablecoin USDT from Tether decreased by $1.5 billion in February, according to Bloomberg, citing data from Artemis Analytics.<\/p>\n","protected":false},"author":1,"featured_media":94515,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"USDT's supply decreased by $1.5 billion in February, nearing its largest drop since 2022.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[807,1245],"class_list":["post-94514","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-stablecoins","tag-tether-usdt"],"aioseo_notices":[],"amp_enabled":true,"views":"152","promo_type":"1","layout_type":"1","short_excerpt":"USDT's supply decreased by $1.5 billion in February, nearing its largest drop since 2022.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94514","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=94514"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94514\/revisions"}],"predecessor-version":[{"id":94516,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/94514\/revisions\/94516"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/94515"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=94514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=94514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=94514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}