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.