Peter Schiff: USDT market value will surpass Bitcoin

According to BSCN, Peter Schiff stated that Tether's market value will surpass Ethereum in the future and ultimately surpass Bitcoin. He believes that the expanded application of stablecoins in payments, transaction settlements, and digital dollar circulation may drive faster growth in USDT demand than volatile assets such as Bitcoin. Schiff insists that Bitcoin lacks intrinsic value, while stablecoins have a clearer purpose. He also mentioned that Bitcoin has recently gained short-term support around $61000, while BTC has rebounded from its low point to over $2000, indicating buying power in the region.