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

Tether logo on dark mobileTether’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 […]

Source: https://news.bitcoin.com/tether-usdt-flips-ether-market-cap-186-billion/

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