Stellar overtakes Tether following Coinbase Pro listing and rebrand

15 Mar, 2019
by Ryan Boltman
News
Stellar overtakes Tether following Coinbase Pro listing and rebrand

While the markets have seen their fair share of green this week, perhaps the most notable movement is Stellar (XLM) leapfrogging Tether (USDT) this week.

Stellar has silently overtaken stable coin tether following the projects listing on Coinbase Pro this week. 

Stellar has overtaken tether just a week after Binance did the same thing, and now sits in #8 position with Tether now at risk of being overtaken by Justin Sun's TRON. 

Stellar has seen a 20% increase in price over the past week which has caused the market capitalization of the project to climb from $1.66 billion to over $2 billion. Stellar is now hot on the heels of Binance Coin (BNB) which also has seen massive growth over 2019. 

 Read more: Stellar Lumens is launching on Coinbase Pro

Stellar also announced this week that Mozilla Chief Operating Officer, Denelle Dixon will be joining the Stellar team as the new Executive Director. The team also announced the new logo for the project. All-in-all, Stellar managed a new top execevutive hire, a top exchange listing and a rebrand of the project. All of which appear to have been a catalyst for the projects success in price this week.

Will wee USDT get flipped by another up and coming project in the next few weeks? 

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