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Historic moment: USDT's market cap surpasses ETH for the first time.
Think about it — a stablecoin now has a higher market cap than the former "king of smart contracts."
ETH has dropped below $1,500, down 68% in a year, back to October 2023 levels.
And USDT? A stablecoin that lives by "not rising, not falling" has become the second most valuable asset in the crypto market.
What kind of surreal story is this? The "world computer" loses to a digital IOU.
Do you think ETH can make a comeback?
#ETH #USDT #Cryptocurrency