top | item 45363663 Tether CEO confirms major capital raise at a reported $500B valuation 3 points| arvindh-manian | 5 months ago |cnbc.com 4 comments order hn newest SilverElfin|5 months ago I don’t know much about stable coins. How does tether make money? wmf|5 months ago Tether holds around $170B of US treasury bonds and receives interest on them which amounts to billions per year. tencentshill|5 months ago I assume they could lend their USD holdings out to a variety of shady entities, while being subject to no regulation, due to not being a bank. mwkaufma|5 months ago (Slaps hood) you won't believe how much paper-money we can shove into this bubble.
SilverElfin|5 months ago I don’t know much about stable coins. How does tether make money? wmf|5 months ago Tether holds around $170B of US treasury bonds and receives interest on them which amounts to billions per year. tencentshill|5 months ago I assume they could lend their USD holdings out to a variety of shady entities, while being subject to no regulation, due to not being a bank.
wmf|5 months ago Tether holds around $170B of US treasury bonds and receives interest on them which amounts to billions per year.
tencentshill|5 months ago I assume they could lend their USD holdings out to a variety of shady entities, while being subject to no regulation, due to not being a bank.
mwkaufma|5 months ago (Slaps hood) you won't believe how much paper-money we can shove into this bubble.
SilverElfin|5 months ago
wmf|5 months ago
tencentshill|5 months ago
mwkaufma|5 months ago