pull down to refresh
21 sats \ 1 reply \ @SwapMarket 12 Aug
Is it the cash that backs the issued USDT? Did they make billions in interest just by holding it?
reply
0 sats \ 0 replies \ @Bell_curve 12 Aug
By investing the dollars into treasury bills and some bitcoin
They also make USDT loans
Small investment in mining
reply
0 sats \ 0 replies \ @jerrybature 12 Aug
Fiat ruins the world, Tether help fast-track the process.
reply
0 sats \ 0 replies \ @Bell_curve 12 Aug
They have benefited from interest rates going up
reply