Tether should be considered the biggest vampire in the crypto, you buy its arbitrarily issued USDT with fiat currency, and then it uses your fiat currency to purchase U.S. Treasury yield products as collateral for USDT, earning $10 billion this year, it should distribute most of the earnings to USDT holders. Stablecoins like ENA, ONDO, and OM based on RWA all have built-in yields. <@Tether_to>
This article is machine translated
Show original
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
