From early July to October 1, Tether USD (USDT) balances at 19 major exchanges and lenders fell by $4.6 billion, while rival stablecoins like USD Coin (USDC) and Ripple USD (RLUSD) increased by about $1.9 billion. This shift reflects growing competition for trading deposits, although USDT remains dominant, holding roughly two-thirds of stablecoin deposits at these exchanges and 84% of stablecoin payment value year-to-date. The decline in USDT at exchanges does not fully reflect its circulating supply, as some tokens moved to wallets outside the selected firms. Incentives like Bybit's rewards for RLUSD holders contributed to the rival stablecoins' growth. Despite these changes, USDT's overall market position remains strong, especially in payments where its usage rose 45% year-over-year.
Tether USD (USDT) balances dropped by $4.6 billion at 19 exchanges and lenders from early July to October 1. For readers following major cryptocurrencies on Pluang, here is the market snapshot as of Oct 20, 2026 06:02 WIB: out of 50 major cryptocurrencies, 42 rose and 7 fell today. Notable movers include CRV with a price of Rp6.647 and a 1-day change of +7.85%, DOT at Rp20.661 up 4.90%, and ATOM at Rp31.388 up 4.80%.
XBiotech announced positive final efficacy results from its phase II TASKIN trial for vilamakitug (XB2001) in refractory metastatic colorectal cancer. The study, funded by the French National Cancer Institute, showed a 61.3% overall survival rate at ...
XBiotech announced positive final results from the Phase II TASKIN study, showing that adding Vilamakitug (XB2001) to standard chemotherapy improved 12-month overall survival to 61.3% in patients with refractory metastatic colorectal cancer, surpassi...
Dorchester Minerals, L.P. has agreed to acquire mineral and royalty interests covering about 4,300 net royalty acres in three counties within North Dakota's Williston Basin. The deal involves a non-taxable contribution and exchange agreement with an ...
The Hershey Trust Company sold 1,512 common shares under a trading plan but kept voting control through Class B shares. Hershey will report Q3 earnings on October 29, with investors focused on how price increases affected Halloween-season demand. Q2 ...
W. R. Berkley reported mixed Q3 2026 results with earnings per share of $1.17 beating estimates, but revenue fell short at $3.74 billion versus $3.82 billion expected. The company saw premium growth with gross premiums up 3% and net premiums up 1%, s...
