Investor and long-time Bitcoin critic Peter Schiff has sparked debate by claiming that Tether's (USDT) market capitalization could soon surpass Ethereum's and eventually even overtake Bitcoin's.
Schiff points to the rapid growth of stablecoins and their expanding role in global payments, transfers, and crypto trading. However, many analysts argue that comparing stablecoins with investment assets like Bitcoin and Ethereum is not straightforward, as each serves a fundamentally different purpose within the digital asset ecosystem.