**[USDT Market Cap Declines for the Second Consecutive Month, Potentially Pressuring Market Recovery]** Odaily Planet Daily News: The market capitalization of Tether's stablecoin USDT fell by 0.8% this month to $183.61 billion, continuing the approximately 1% decline seen in January. This marks the first time since the 2022 Terra incident that USDT has contracted for two consecutive months. Analysts point out that stablecoins are considered a key source of liquidity in the crypto market, and changes in their scale are often viewed as an indicator of capital inflows and outflows. The continued decline in USDT's market cap may reflect capital outflows from the market, exerting some pressure on Bitcoin and the broader market's sustained rebound. Data shows that after Bitcoin's price stabilized near $60,000 in early February, it rebounded to above $70,000 at one point but has since fallen back to around $65,000. Meanwhile, USDC's market cap has recovered slightly from its low point at the beginning of the year but has remained largely flat overall throughout the year. (CoinDesk)