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Flush With Cash, Tether Has Got Microsoft, Google, and Amazon in Its Crosshairswww.wired.com/story/tether-ceo-paolo-ardoino-crypto-ai-interview/
393 sats \ 4 comments \ @Rsync25 12 Aug bitcoin
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21 sats \ 1 reply \ @SwapMarket 12 Aug
Is it the cash that backs the issued USDT? Did they make billions in interest just by holding it?
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0 sats \ 0 replies \ @Bell_curve 12 Aug
By investing the dollars into treasury bills and some bitcoin
They also make USDT loans
Small investment in mining
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0 sats \ 0 replies \ @jerrybature 12 Aug
Fiat ruins the world, Tether help fast-track the process.
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0 sats \ 0 replies \ @Bell_curve 12 Aug
They have benefited from interest rates going up
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