Growing Tether Inflows Threaten XRP’s Stance as the 3rd-Largest Cryptocurrency
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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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