- Santiment tweeted yesterday that the exchange supply for USDC and USDT is currently very low.
- The firm revealed that USDT’s exchange supply has bullishly increased since June this year.
- At press time, USDT was trading slightly below the $1 mark following a weekly drop of 0.13%.
The exchange supplies of USD Coin (USDC) and Tether (USDT) are relatively low according to data from the blockchain intelligence firm Santiment. In a tweet yesterday, the firm revealed that the exchange supply for USDT has risen slightly since June this year, which may be an early indication of a potential market rally in the near future.