Tether USD (USDT) Balances Fall $4.6 Billion at 19 Exchanges and Lenders

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$4.6B

USDT balance decline

$USDT

$183.03B mcap

$USDC

$72.06B mcap

The same institutions added about $1.9 billion in other stablecoins from early July to Oct. 1, while USDT remained dominant in exchange holdings and payments.