☝️ CFTC just confirmed: stablecoins will be accepted as collateral on US derivatives markets! ✌️ Few minutes later: @Tether_to reportedly seeking a $20B raise at a $500B valuation! That would make it the 20th most valuable company in the world, right ahead of @exxonmobil and

Green But Red
@green_but_red
05-04
In 2023, @Tether_to made more money than @BlackRock , showing how stablecoins backed by fiat currencies have become profitable "cash machines" that privatize profits.
Tether earned $13 billion in 2024, which is more than double BlackRock’s $6.4 billion profit. This makes Tether





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