Tether Loses $4.6 Billion on Selected Exchanges as USDC and RLUSD Gain Ground
Tether’s USDT balances fell by $4.6 billion across 19 selected crypto exchanges and lenders in the third quarter, while USDC and RLUSD gained through rewards and revenue-sharing deals. Tether nevertheless retained 84% of stablecoin payment volume, according to reports cited by CryptoSlate.