4 ms·
> The market value of Tether’s USDT token in circulation has climbed to above $143 billion $143B in debt at 0 interest, put the proceeds in T-Bills. Pure prof
by jgalt212 2y ago
> The market value of Tether’s USDT token in circulation has climbed to above $143 billion
$143B in debt at 0 interest, put the proceeds in T-Bills. Pure profit! That being said, their profits are higher than T-Bill yields alone would indicate.