USDC might surpass USDT in the market soon and this is probably a much more important flippening than ETH-BTC which is talked about a lot. But Why?

It is no surprise that USDT is currently the biggest liquidity provider on exchanges. USDT has the most no of trading pairs on almost all exchanges. And Tethers shady nature is non-unknown either.
On the other hand, USDC, which is "fully backed by cash and equivalents and short-duration U.S. Treasuries" and publishes monthly ", is a much more reliable alternative.
For months now USDC is growing larger and larger. It had just a $4B market cap at the start of the year and now it stands at a $41b market cap. Nearly a 10x increase, USDT on the other hand has gone from $20B to $77B. Around 3.5x. 

If this trend continues, USDC will flip USDT within the next year, which I think is very is significant as if USDT "pyramid" collapses its effect would probably feel a little less by the whole market (it would still be catastrophic).

So what are your thoughts on this? Would USDC flip USDT in market-cap within the next year or would Tether remain dominant?