02-14-2022, 03:09 AM
1 year ago, USDT had a 126% larger market cap than USDC. Today it’s only a 38% dif
<!-- SC_OFF --><div class="md"><p>And that difference in market cap is only getting smaller and small until one day USDC finally flips USDT.</p> <p>Many people talk about the ETH/BTC flippening but I think the USDC/USDT flippening event is just as important.</p> <p>It will finally knock Tether, one of the biggest schemes in crypto, off the throne and maybe pave the way for other 1:1 stablecoins like BUSD, EURST and UST to also start overlapping USDT.</p> <p>If USDC’s growth keeps up this amazing pace, the flippening will happen in no time. And for sure we’ll witness this happen this year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mandrake_m2"> /u/Mandrake_m2 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/srj2eq/1_year_ago_usdt_had_a_126_larger_market_cap_than/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/srj2eq/1_year_ago_usdt_had_a_126_larger_market_cap_than/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>And that difference in market cap is only getting smaller and small until one day USDC finally flips USDT.</p> <p>Many people talk about the ETH/BTC flippening but I think the USDC/USDT flippening event is just as important.</p> <p>It will finally knock Tether, one of the biggest schemes in crypto, off the throne and maybe pave the way for other 1:1 stablecoins like BUSD, EURST and UST to also start overlapping USDT.</p> <p>If USDC’s growth keeps up this amazing pace, the flippening will happen in no time. And for sure we’ll witness this happen this year.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Mandrake_m2"> /u/Mandrake_m2 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/srj2eq/1_year_ago_usdt_had_a_126_larger_market_cap_than/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/srj2eq/1_year_ago_usdt_had_a_126_larger_market_cap_than/">[comments]</a></span>Kind Regards R