Tether's Sky-High Profits: A Crypto Giant's 99% Margin Marvel
Tether, issuing the largest stablecoin USDT, claims an astronomical 99% profit margin, setting eyes on a $15 billion profit by year-end. While eyeing a $500 billion valuation, Tether maintains a regulatory balancing act and denies IPO rumors. But what's behind this profitability feat that even Wall Street's best can't beat?
Oct 26