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Nate Geraci highlights the substantial profit margins of Tether amidst ongoing debates among US politicians regarding the interest-paid functionality of stablecoins.
Tether is expected to rake in a staggering $15 billion in profits this year, boasting a 99% profit margin. This comes as lawmakers continue to deliberate stablecoin regulations.
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Tether’s exceptional profitability and the broader debate on stablecoin oversight underscore ongoing shifts within the digital asset landscape. Similar themes have emerged as the industry adapts, including the forthcoming launch of a spot link ETF by Grayscale, as detailed in the article on Grayscale’s transition to an ETF model. In addition, recent developments in spot crypto trading via CFTC-registered exchanges highlight the regulatory momentum shaping digital finance.