Tether Flips Ether as USDt Becomes Second Largest Crypto

Tether Flips Ether as USDt Becomes Second Largest Crypto

Tether’s USDt flipped Ether to become crypto’s second-largest asset by market cap as ETH fell towards $1,500 in a broad crypto selloff.

Tether's USDT Closes In on Ether for No. 2 Crypto Spot by Market Cap

Tether's USDT has drawn level with ether, narrowing the gap for the second-largest cryptocurrency by market capitalization to a fraction of a percent. The stablecoin briefly overtook ether earlier this month, the first time a dollar-pegged token has done so. USDT carried a market cap of about... Read the full story at The Defiant

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....

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 […]

Tether Flips Ether as USDt Becomes Second Largest Crypto – #CryptoUpdatesGNIT

Tether stablecoin USDt has become the second-largest cryptocurrency by market capitalization as Ether fell to its lowest price of the year on Friday Ether’s market capitalization dropped below $185 billion following a 5.2% price crash over 24 hours, sending the asset tumbling to $1,510 on Coinbase, according to TradingView. This allowed USDt, with a $186 billion market capitalization, to surpass the cryptocurrency.  “[The] stablecoin overtake re…

Tether Flips Ethereum in Market Cap as Ether Crashes to $1,500

Ethereum just lost its number-three spot. Tether, the world’s largest stablecoin, has overtaken Ether in market capitalization — a ranking… Read the original on Tether Flips Ethereum in Market Cap as Ether Crashes to $1,500. For more crypto news and analysis, visit TheCurrencyAnalytics.com.