Tether, the leading stablecoin issuer, reported profits of $13 billion last year, surpassing the Wyoming state budget for a two-year period, which stands at $11 billion. This comparison was highlighted by the Executive Director of Wyostable, underscoring the significant financial scale of stablecoins in the current economic landscape. The figures reflect the growing influence and profitability of stablecoins in the global financial system.
Tether's Annual Profits Surpass Wyoming's Two-Year State Budget
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