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Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: SRShanuka2020 on May 14, 2020, 12:48:18 AM

Title: Growing Tether Inflows Threaten XRP’s Stance as the 3rd-Largest Cryptocurrency
Post by: SRShanuka2020 on May 14, 2020, 12:48:18 AM
Growing Tether Inflows Threaten XRP’s Stance as the 3rd-Largest Cryptocurrency


(https://i.imgur.com/tIqV4Lj.jpg)

The massive Tether printing by the Tether Treasury imperils XRP’s position as the third-largest capitalized cryptocurrency in the crypto market.

Currently, Tether (USDT) has a market cap of $8,487,138,117 while XRP has a total of $8,717,874,914 according to Coingecko. However, according to Coinmarketcap data, there is a very high price difference, in which Tether would need $2.3 billion to displace XRP and obtain the title of the 3rd Largest Cryptocurrency in the industry.

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Title: Re: Growing Tether Inflows Threaten XRP’s Stance as the 3rd-Largest Cryptocurrency
Post by: damsix on May 23, 2020, 06:41:26 AM
As usual in car or motorcycle races, where the fastest, most advanced technology and expert jockeys it is certain that the race will win.
Tether also has the same uniqueness, ability and development that is better than XRP but unfortunately Tether is an unstable coin.

I also still remember where EThereum was overtaken by XRP at number 2, and now I will remember that XRP was overtaken by USDT at number 3 Coinmarketcap!