Chart of The Day: USDT Depegs Briefly USDT and USDC are the top two collateralized stablecoins by Tether...USDC/USDT was trading at ~1.1 at the peak of the depeg....their USDT for USDC or DAI....Why did USDT take a hit and not USDC?...Notable Tweets USDT Redemptions GM Reminder that tether is honouring USDt redemptions at 1$ via http:...

31% of USDT Supply Is Sitting on Exchanges Risk assets fell during Asian hours weighed down by rising...USDT supply on exchanges is at a 1-year high, indicating that investors have become risk-averse and sold...About 31% of the total USDT supply are sitting idle on exchanges, suggesting traders are turning risk-off...

USDC Grows as USDT Lags USDC has grown massively over the past year, recently crossing $50B in supply...USDT is still the market cap leader, although its growth has slowed down compared to USDC since May 2021...The USDC/USDT supply ratio has grown from 0.2 to 0.64 over the past year....USDT is […]...

...adoption of DeFi, the majority of the stablecoin market is held by centralized stablecoins such as USDT...However, users increasingly opt for centralized stables like USDC and USDT due to their convenience,...The reserve factor is 10% for popular stablecoins USDC, USDT, DAI, and LUSD.

Chart of The Day: Circulating Supply of USDT and DAI Dips Amid Contagion Fears  Among the four top...stablecoins, USDT and DAI have experienced significant redemptions lately....Between 9th to 15th of May, the circulating supply of USDT dropped by 7.46bn, a -9% decline within the..., USDT […]...

Native USDC and USDT integration, sub-second finality, and negligible transaction costs created the perfect...The APT-USDT pool tells a similar story....What sets Thala apart is its cross-protocol composability: staking USDC-USDT and sUSDe-USDC LP tokens...The APT-USDC pool currently yields an APR of 318.84%, while the APT-USDT pool offers 226.82%. ...

...for USDT....Treasury Bills: USDT USDT is the only stablecoin with exposure to money market funds and non-U.S....USDT seems to have opted for the former, with exposure to non-U.S....GUSD follows at 71% while USDC and USDT trail at 53% and 25%, respectively....However, USDT uniquely invests in alternative assets like non-U.S.

On the borrowing side, about 87% of Aries’ active loans are in USDC or USDT....USDC and USDT are both supported with incentives in thAPT....USDT-USDC 50/50 LP on Hyperion’s 0.01% pool....The strategy takes USDT or USDC collateral, borrows the remaining necessary USDT/C, and deploys it into...USDT currently comprises nearly 70% of all stablecoins on Aptos.

Exchanges began listing USDT pairs for nearly all major crypto assets, and alternative stablecoins began...As Tether’s issuance spreads across chains, the infrastructure supporting USDT is largely outside of...This means that the economic value generated by USDT usage is disproportionately captured by the base...

Put simply, there is a strong disincentive to use an emerging fork of USDT or USDC given it won’t be...or USDC Liquidity – USDT and USDC are the most liquid stablecoins in crypto; using some emerging USDT...However, as a testament to USDT’s sticky network effects, not only are we yet to see any yield bearing..., USDT would not have its utility.

Most users will simply swap their USDT or USDC for deUSD on a Curve pool....When users swap USDT for deUSD, this will briefly cause USDT to trade at a marginal discount relative...APs can then mint fresh deUSD and swap it for slightly more USDT, thus rebalancing the pool and capturing...

Almost all of the USDT liquidity in Curve’s 3pool was drained....As traders dumped USDC into the pool, the total value locked in USDT dropped 97% from $206M to below...Nearly all of the liquidity in the USDC-USDT liquidity pool on Uniswap v3 was also drained.

...more liquidity utilization (volume/TVL) than Curve’s Tricrypto (a Curve v2 pool made up of ETH, WBTC, USDT...The first pool was called Tricrypto – a pool consisting of ETH, WBTC, and USDT....Let’s illustrate how Curve v2 works using data from the ETH/USDT pair in Tricrypto on Jun. 8, 2022 –...

Stablecoin Flows: USDT Drives Expansion as Ratio Surges to 7.59% Stablecoin supply expanded again in...June, led by renewed inflows into USDT, which added over $5 billion in circulating value....On a year-over-year basis, USDT is now up 40.8%, maintaining its position as the dominant stablecoin...

Today, these network effects manifest in three primary ways: Liquidity – USDT and USDC are the most...liquid stablecoins in crypto; using some emerging USDT fork implies taking on more slippage Payments...or USDC Put simply, the more people that use USDT, the more people that use USDT.

For instance, they may deposit USDC and borrow USDT to take advantage of USDT denominated farms without...Consider a situation where a user would like to borrow USDT against her UNI collateral....to borrow USDT....The asset securing her USDT loan is now ETH and not UNI, so USDT lenders are protected from the risk...

We briefly explain the collateral backing and idiosyncrasies of notable coins below:   USDT (Tether)...USDT is the largest stablecoin by market capitalization issued by Tether Ltd, a company with close ties...This means Tether has somewhat free reign to invest USDT collateral assets as they see fit.

...cause USDT to trade at a marginal discount relative to USDe....APs are then incentivized to mint USDe to purchase the discounted USDT and thus rebalance the pool....Conversely, in a scenario where USDT is trading at a marginal premium to USDe, APs could exploit this...And in the case of USDT and USDC, this is nothing more than better liquidity.

IPOR Index – IPOR indices exist for individual assets and currently include IPOR USDC, IPOR USDT, and...USDT saw a slight increase in price as it became the most liquid safe haven asset....The popular trade among those betting on a repeg was to borrow USDT and buy USDC, earning the difference...

USDT’s supply recently crossed $80B, but its growth remains flat this year....USDT has been the subject of recent criticism, with hedge fund Fir Tree announcing that they’re shorting...USDT on the basis that the high-yield commercial papers that Tether holds are linked to Evergrande Crisis...