Current Bitcoin Price

Saturday, January 22, 2022

Some good news for today. USDC’s current supply on Ethereum is $40 billion vs USDT’s $39 billion. The flippening is happening.

While many are interested in the ETH/BTC flippening, I think the USDC/USDT one is just as important since it signifies that slowly but surely, USDT will lose its powerful grip over the centralized exchanges.

Would feel much safer knowing that the market isn’t controlled by a shady coin like USDT and that other stablecoins with REAL 1:1 ratio like USDT, EURST and UST have a chance in the market.

From here on forward I don’t think it’s going to take much time for this flippening to happen over the entire market, not just Ethereum. Would be an amazing and well awaited day honestly.



Submitted January 21, 2022 at 07:24PM by Mandrake_m2 https://ift.tt/3GRzTER https://ift.tt/2Z7cX2s

from #Bitcoinmovement - The hub of Bitcoin and Crypto media https://ift.tt/3KAWWWL
via IFTTT

No comments:

Post a Comment

Featured Post

BITCOIN (BTC) blockch✂️ain FORKS

πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§πŸ›‘πŸš§ Bitcoin Cash:  Forked at Block 478558, 1 August 2017, For each 1 BTC you get 1 BCH Bytether:  Cross for...