Finally USDT surpassed ETH by capitalization just for the moment! That why USD is a king! Not coins Need to push USDC also to the top and BTC out of 10) $BTC $USDT Another interesting point is this: the market capitalization of stablecoins actually reflects the real amount of issued digital dollars, rather than just a theoretical valuation based on the simple formula of price multiplied by circulating supply. Many tokens with multi-billion market caps are essentially empty shells, because market capitalization does not equal liquidity or real cash value. In contrast, stablecoins maintain a 1:1 backing, making their market cap much closer to actual real reserves. The same applies to Bitcoin. Bitcoin’s market capitalization only looks that way because it is calculated using a standardized formula for representation purposes. It does not mean that $1.2 trillion has actually been invested into Bitcoin at current prices. Think about it.