Tether’s Price Has Stabilized, But the Stablecoin’s Supply Is Still Shrinking ByDavid FloydPRO INVESTOR Updated: 03 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. Crypto exchanges are shedding tethers by the million, and millions of USDT are ending up at Bitfinex. From there, they are taken out of circulation.