usdtvsethereum

Crypto: USDT dethrones Ethereum at the top of the market.

The crypto ranking experienced a rare shift on June 26. Tether’s USDT briefly surpassed Ether in market capitalization, becoming the second-largest cryptocurrency in the market behind Bitcoin. This change was not due to an increase in the price of USDT, but to Ethereum’s sharp drop to its lowest level of 2026.

USDT briefly overtook Ether with more than $186 billion in market capitalization.

Ethereum fell by about $1,510, its lowest level in 2026.

The rise of stablecoins reveals a more defensive crypto market.

USDT briefly surpasses the cryptocurrency Ethereum

USDT reached a market capitalization close to $186.06 billion. At the same time, Ether’s fell to about $185.66 billion. Tether’s stablecoin thus temporarily took the second spot in the crypto ranking. A scenario some observers were already considering as Ethereum’s position began to look less solid.

The crossover was tight. By June 27, Ether had regained a market capitalization near $190 billion thanks to a price rebound. USDT remained around $186 billion, with no significant change in its unit value.

This difference highlights an essential feature. Ethereum’s market capitalization depends directly on the price of ETH. USDT’s evolves mainly according to the number of tokens in circulation, since each unit aims to maintain a value close to one dollar.

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