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USDT market cap up by $2 billion following Tornado Cash debacle

Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

USDT market cap up by $2 billion following Tornado Cash debacle

Tether's market capitalization has reversed a three-month downtrend while USDC sees a drop in value after the U.S. imposed sanctions against Tornado Cash.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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