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🚨TETHER IS NOW BIGGER THAN ETHEREUM
For the first time in history, the market cap of Tether has surpassed that of Ethereum
Let that sink in
A dollar-backed stablecoin is now worth more than the blockchain that powers much of DeFi, NFTs, and on-chain finance
This happened through a brutal combination of:
– $ETH price collapse
– relentless $USDT growth
– rising demand for digital dollars
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