Nothing, they will just stop making an obscene amount of profits.
They have like 50 employees, 100B under management at 5%. They make like 4.99 B in profits yearly insane.
Even if the rates drop to 1%, theh are still making 0.99B in profits
Think they ever transition to backing some portion of the USDT with Bitcoin instead of treasuries? Instead of the Bitcoin just being for their balance sheet.
I think they're too cozy with us govt to try that now
No and that would be a bad business decision. People that buy tether want exposure to USD. They literally want USD. Give them USD.
And all those beautiful profits go into Bitcoin. It's the best business model I have ever seen. Absolute genius and they help so many people in the world.
No and that would be a bad business decision. People that buy tether want exposure to USD. They literally want USD. Give them USD.
And all those beautiful profits go into Bitcoin. It's the best business model I have ever seen. Absolute genius and they help so many people in the world.
No and that would be a bad business decision. People that buy tether want exposure to USD. They literally want USD. Give them USD.
And all those beautiful profits go into Bitcoin. It's the best business model I have ever seen. Absolute genius and they help so many people in the world.
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