Tether is one of the most important financial corporations to ever exist.Its primary product, USDT, has reached a market capitalization of over $180 billion, it has investments in over 120 other firms, and its family of subsidiaries and investments reach into nearly every corner of the crypto industry.It’s done all this while appearing to maintain a much leaner team than many of its competitors, even as it had to grapple with various outside legal and regulatory pressures.Many have speculated about what the secret to this success might be, but one possible reason might be the family ties enjoyed by many of its executives and leaders.
pull down to refresh
related posts
33 sats \ 0 replies \ @Scoresby 16 Dec
It is certainly true that people hire their family members. But this research by Protos, very detailed and impressive, feels a little like they are trying to make a bogeyman out of Tether -- which probably isn't helpful to remaining clear-eyed about it.
Lots of interesting details in the article, though.
reply