McDonald’s Corp (NYSE:MCD) has flipped Ethereum (CRYPTO: ETH) in terms of market capitalization, a fact that drew amusement from Binance CEO Changpeng Zhao.
What Happened: McDonald's market cap was at $203.36 billion as of Monday’s close, according to Benzinga Pro data. Ethereum's market cap was worth $180.28 billion.
Zhao said on Twitter regarding the development, "Doubts creep in once in a while, stay strong, stay SAFU." SAFU refers to a Binance initiative called Secure Asset Fund for Users that takes a portion of trading fees and accumulates it in a fund that will be used to compensate users if the need arises.
Zhao's tweet comes at a time when Sam Bankman-Fried-led FTX cryptocurrency exchange faces a bout of fear, uncertainty, and doubt.
Doubts creep in once in a while,