Tether USDT Surpasses XRP as the 3rd-Largest Cryptocurrency

[SRShanuka2020]

Tether USDT Surpasses XRP as the 3rd-Largest Cryptocurrency

Tether’s USDT has just surpassed XRP in market capitalization, becoming the third-biggest cryptocurrency in the moments leading into the Bitcoin halving.

Sitting with a market cap of $8.79 Billion, it is now bigger than XRP, whose market cap is roughly $8.6 billion. USDT is currently second only to Ether (ETH) as the largest altcoin in the cryptocurrency market.

The market cap rise comes as a result of the constant increase in the supply of USDT, the majority of which circulates on the Ethereum blockchain. There have also been huge inflows of USDT into exchanges in recent weeks in the run-up to the Bitcoin halving.

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[damsix]

USDT is a coin that is created with Stable and usually if Stable is not having the speed to look for the highest price in history.
So you can say maybe in just a few months, even weeks can be quickly stepped down and defeated again by XRP.

We all know that even though XRP has a value of 70% in the hands of developers, I am sure that XRP will be able to beat USDT in the Coinmarketcap ranking.
The proof can be checked in this screenshot --->  https://prnt.sc/sm65nk    this picture was taken on May 23, 2020