3 ms·
Except if you believe Tether, exchanges are sending billions of dollars a week to Tether. In 2019, Tether's lifetime holdings were $2.1B and even that was not
by FireBeyond 5y ago
Except if you believe Tether, exchanges are sending billions of dollars a week to Tether.
In 2019, Tether's lifetime holdings were $2.1B and even that was not fully backed, and they're now printing nearly $4B a week.
At this rate, and recognizing that comparing to revenue is not a strict apples-to-apples, this would put them on track by the end of 2021 within the top 20 largest companies in the world, eclipsing Alphabet, AT&T, even Samsung and Saudi Aramco.
How anyone can say that with a straight face beggars belief.