2 ms·
People hate on Tether because they have a thing against crypto. Also these sort of headlines are click-bait and attract readers. What they don't know, as someo
by csomar 4y ago
People hate on Tether because they have a thing against crypto. Also these sort of headlines are click-bait and attract readers.
What they don't know, as someone involved in this space, is that Tether is insanely profitable. Putting the legality of their business aside, Tether generates mad yields on their assets; which made them able to absorb lots of losses. It's profitable business and that's why they keep doing it.
Also Tether is not completely the wild west as some people here assumes. They have lots of scrutiny from different US government institutions. The US could have shut them down overnight but they didn't. The US probably had its reasons for that.