BlockPress

BlockPress

Tether made $5.2B in 2024: Here’s how stablecoins make money

Tether’s Strategic Profit Generation Amidst Rising Interest Rates Tether, the issuer of the USDT stablecoin, has capitalized on the current environment of rising interest rates, transforming its substantial reserves into a significant profit-generating mechanism. This strategy, not unique to Tether,…