Crypto News

Tenders bring up $ 1.5 billion approximates because Etherum launches below $ 200 million

Tether, the biggest stablecoin in the cryptocurnancy industry, “Print” money as its sales income.

Tokenterminal The data indicate the attaches (USDTT) This year, it created 1.46 billion dollars, a figure that is expected to exceed $ 1.5 billion in the next few weeks.

Its revenues are significantly higher than other stablecoins and other large players in the crypto industry like a throne (Twitch), Circle, Solana (Salt) and Etherum (El).

Etherum, who were the most profitable players in the crypto industry, has only brought 157 million dollars this year. Circle, Member company USD USD (USDC), he earned $ 620 million as he prepares for his Home Public offer.

Solana created $ 159 million, to a large extent by the growth Meme coins within your ecosystem. The throne is the second largest player in the crypto industry, and the income approached the Billion Dollars.

Tetherer growth continued this year because more people embraced Stablecoins. The data composed of visas show that the monthly strength of the end of the end of April amounted to 266 billion dollars. So far, its total transactions have exceeded $ 1.5 trillion this year.

Monthly volume
USDT month volume Source: Visa

The acceptance of moorings increases because the Stablecoin market continued to grow. It is now over $ 144 billion of an ocena in circulation, more than 109 billion dollars a year earlier.

Tether generates its earnings by investing its means primarily in cash registers that are often considered safe assets. The bonds of American authorities have created higher returns in the last few years because interest rates remained above average. It has only a handful of employees and operating costs, which makes it one of the most profitable companies in the world.

The honor of the mooring also helped in the ments several billionaires. Forbes estimates That Paolo Ardoin, which has a net worth of about $ 9.5 billion. Giancarlo Devasini, the largest shareholder in Tether worth about $ 22.4 billion, while Jean-Louis Van Der Velda is evaluated at $ 9.5 billion.

Tether used his wind for investing in several companies this year. He invested in firms like Fizen, water, Adecoagro, Juventus Football Club, Rumble, North Data, BitDeer Technologies Group and Blacirock Neurotech.

https://crypto.news/app/uploads/2025/04/crypto-news-Corruption-and-money-laundering-in-Tether-option07-1380×820-1.webp

2025-04-20 11:53:00

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button