USDT slips below $1 as crypto liquidity thins
Tether traded marginally below its dollar peg as AMBCrypto linked persistent stablecoin outflows to weaker liquidity, Bitcoin demand and ETF withdrawals.
Tether traded marginally below its dollar peg as AMBCrypto linked persistent stablecoin outflows to weaker liquidity, Bitcoin demand and ETF withdrawals. Bitcoin (BTC) is trading at ₹65,11,795 ($69,211.00), down 2.3% since this brief published. This is an original Token Times brief based on reporting by AMBCrypto, with live market data added, as of Fri, 13 Nov 2026 03:30:01 UTC.
USDT is a core trading and settlement asset, so trading near or below its $1 reference level amid broader outflows highlights reduced market depth. The conditions could affect how readily market participants can move between dollars and crypto without moving prices materially.
- USDT traded at $0.999064, marginally below its $1 peg
- Stablecoin outflows exceeded $14.2B, according to AMBCrypto
- Verified USDT circulating supply reached $175.48B
- Bitcoin fell 3.73% over 24 hours as market sentiment remained fearful
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- Bitcoin slips below $73K as October inflation exceeds forecasts
- Bitcoin Demand Metric Slips 284,000 BTC as USDT Supply Shrinks
- USDT slips below $1 as crypto liquidity thins — this brief
Tether traded at $0.999064, placing USDT slightly below its $1 reference level, according to the supplied live market data. The move was small in percentage terms: USDT was unchanged over 24 hours and up 0.01% over seven days, with a reported market capitalization of $175.55B.
AMBCrypto reported that stablecoin outflows exceeded $14.2B as shrinking liquidity, weak 
Bitcoin demand and withdrawals from cryptocurrency ETFs placed pressure on the market. The report presents these developments as the backdrop to USDT trading below parity, rather than identifying a separate event that immediately triggered the move.
On-chain data from DeFiLlama put USDT’s circulating supply at $175.48B, broadly consistent with the live market capitalization figure. That scale makes the stablecoin’s small deviation from $1 notable within a total crypto market capitalization of $2.44B, even though its weekly performance remained nearly flat.
The wider market was broadly lower. Bitcoin stood at $70,839, down 3.73% over 24 hours and 6.96% over seven days, while the Fear & Greed index registered 20, labeled Extreme Fear. The relevant conditions to watch are whether liquidity continues to contract, stablecoin outflows remain above the reported $14.2B threshold, and whether USDT returns to or remains below its dollar peg amid further market weakness.
Since this brief published about 10 hours ago, Bitcoin (BTC) has moved from ₹66,64,967.08$70,839.00 to ₹65,11,794.87$69,211.00 — -2.30%.
The chart plots BTC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 BTC ≈ ₹6.89M (about $69,211.00), down 6.2% over 24 hours. The rupee itself trades about 5.8% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the assets in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 13, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
USDT slips below $1 as crypto liquidity thins — questions & answers
How far below one dollar is USDT trading?
USDT was priced at $0.999064, about $0.000936 below its $1 reference level.
How large are the reported stablecoin outflows?
AMBCrypto reported that stablecoin outflows exceeded $14.2B, without providing a breakdown for individual stablecoins.
What is the verified circulating supply of USDT?
DeFiLlama data put USDT’s circulating supply at $175.48B.
How much is 1 Bitcoin worth in rupee today?
About ₹6.89M at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $69,211.00. The rupee price moves with both BTC's US-dollar price and the USDT/INR rate; use our Bitcoin in rupee page for any amount.
Has Bitcoin's price moved since this brief was published?
BTC is down 2.30% since this brief first published — trading at ₹65,11,795 ($69,211.00) now versus ₹66,64,967 ($70,839.00) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from AMBCrypto. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.