Bloomberg Analyst Predicts “Flippening” as USDT Could Overtake Bitcoin and Ethereum
A bold new forecast from Mike McGlone suggests a major shift in the crypto market. With Tether (USDT) potentially surpassing both Ethereum and Bitcoin in market dominance.
The Bloomberg Intelligence strategist believes a stablecoin-driven “flippening” could emerge as demand for dollar-pegged assets continues to rise. Positioning USDT as a key liquidity layer in the evolving digital economy.
McGlone highlights that stablecoins are increasingly being used for transactions, trading, and capital preservation during volatile market conditions, giving USDT a strong utility advantage over traditional cryptocurrencies. At the same time, he warns that Bitcoin could face downside pressure if macroeconomic conditions weaken, signaling a potential shift in investor preference from speculative assets toward stability. Marking a pivotal transition in the crypto market structure.
Clever Robot News Desk 9th April 2025
