And that difference in market cap is only getting smaller and small until one day USDC finally flips USDT.
Many people talk about the ETH/BTC flippening but I think the USDC/USDT flippening event is just as important.
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.
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.
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