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Tether loses nearly $5 billion across crypto exchanges as USDC and RLUSD rivals pay to win liquidity

Crystal’s selected cohort cut USDT balances in Q3, while Allium assigns it 84% of January–September 2026 classified payment value.

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Tether loses nearly $5 billion across crypto exchanges as USDC and RLUSD rivals pay to win liquidity
Immagine: CryptoSlate

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Crystal’s selected cohort cut USDT balances in Q3, while Allium assigns it 84% of January–September 2026 classified payment value.

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