Ripple's XRP has surpassed the USDT stablecoin to become the third-largest cryptocurrency. Despite legal challenges from the SEC, Ripple's recent court victories have boosted investor confidence and fueled a rally in the cryptocurrency. The launch of the RLUSD stablecoin on RippleNet has also played a crucial role in attracting institutional investors. The flip of XRP over USDT reflects a growing market shift towards cryptocurrencies that offer real-world utility. On the other hand, Tether's USDT stablecoin has faced regulatory issues in Europe, leading to a decline in its market cap. Overall, there is optimism that XRP could reach $3 if its upward trajectory continues.
- Content Editor ( cryptonewsz.com )
- 2025-01-04
XRP Flips USDT, Becomes 3rd Biggest Crypto by Market Cap