Data: Approximately $3.5 billion worth of stablecoins were redeemed in the past 14 days

ChainCatcher news, according to Coinmarketcap data, approximately $3.5 billion worth of stablecoins have been redeemed in the past 14 days, with the supply of Tether's US dollar stablecoin USDT decreasing from over $67 billion to $65 billion, indicating that investors have redeemed about $2 billion of USDT since the FTX collapse.

In addition, the supply of BUSD has decreased from over $23 billion to around $22.5 billion, a reduction of $500 million. The supply of DAI has dropped from $5.7 billion to $5.2 billion. (BeInCrypto)