Since Tether released their Q4 profit numbers, I’ve seen a number of really compelling comparisons including one showing that Tether (with ~50 employees) is generating larger profits than Goldman Sachs (with 10,000+ employees).
At a run rate of $11 billion in annual profit, how many companies are actually making more money than Tether? And how many of those companies have 100,000+ employees?
This article from Pomp is a good overview of Tether’s Q4 business results.