02-17-2022, 10:38 PM
Many people are hyped about the ETH/BTC flippening but I think the USDC/USDT flippen
<!-- SC_OFF --><div class="md"><p>It’s actually happening right before our eyes right now. USDC’s growth in market cap is much higher than Tether’s.</p> <p>So while USDT still has a larger market cap than USDC, it won’t stay like that for long (most probably end of this year if USDC maintains this pace of growth)</p> <p>The prospect of USDC flipping USDT as the major stablecoin currency in the crypto market is one of the most important.</p> <p>It would mark the slow but imminent decline and eventual downfall of Tether, the largest scam in the crypto market that still operates despite all the shady shit it does.</p> <p>This might also make way for more stablecoins with actual backing and auditing like UST, EURST and BUSD to overlap USDT pretty soon.</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/sunfok/many_people_are_hyped_about_the_ethbtc_flippening/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sunfok/many_people_are_hyped_about_the_ethbtc_flippening/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>It’s actually happening right before our eyes right now. USDC’s growth in market cap is much higher than Tether’s.</p> <p>So while USDT still has a larger market cap than USDC, it won’t stay like that for long (most probably end of this year if USDC maintains this pace of growth)</p> <p>The prospect of USDC flipping USDT as the major stablecoin currency in the crypto market is one of the most important.</p> <p>It would mark the slow but imminent decline and eventual downfall of Tether, the largest scam in the crypto market that still operates despite all the shady shit it does.</p> <p>This might also make way for more stablecoins with actual backing and auditing like UST, EURST and BUSD to overlap USDT pretty soon.</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/sunfok/many_people_are_hyped_about_the_ethbtc_flippening/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/sunfok/many_people_are_hyped_about_the_ethbtc_flippening/">[comments]</a></span>Kind Regards R