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Tether’s USDT Flips Ether in Market Cap as Stablecoin Climbs to $186 Billion

Tether’s USDT stablecoin briefly overtook ether to become the second-largest cryptocurrency by market capitalization, reaching about $186.06 billion against ether’s $185.66 billion. Stablecoin issuance and a slumping eth...

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Tether’s USDT Flips Ether in Market Cap as Stablecoin Climbs to $186 Billion
Tether’s USDT stablecoin briefly overtook ether to become the second-largest cryptocurrency by market capitalization, reaching about $186.06 billion against ether’s $185.66 billion. Stablecoin issuance and a slumping ether seem to be the primary drivers behind this otherwise rare flip. Issuance Up, Ether Price Down The crossover put USDT ahead of ether ( ETH), the native […]

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Ethereum is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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