Why USDT Is Plunging While Other Stablecoins Are Not

Stablecoin adoption has grown immensely, observed especially following the collapse of Terra.USDC and USDT have seen sizeable growth, but USDT has a lot of keeping up to do with its value plunging as of press time.USDT trades at $0.09999 as of this writing
Stablecoin waning in terms of social mentions and engagements
Tether exhibits strength in terms of market cap at $66 billionThe transfer volume of stablecoins is seeing impressive growth, including USDC, but USDT needs to catch up and gain mor