Tether continues to experience a decline. I see that its market capitalization is on a downward trend, even targeting a second consecutive monthly decrease. As the leading stablecoin, its movements always attract market attention.

The latest data shows USDT still holding a solid position, but this negative momentum is worth monitoring. For context, stablecoins like this are supposed to be stable, but it seems there is liquidity pressure or changing user preferences happening.

It's unclear whether this is just a temporary correction or a sign of something bigger. But if this trend continues, it could impact the stablecoin ecosystem overall. Worth watching.