What is the most profitable and most enviable business in the crypto world?

Exchanges? Of course, unless you're at the top tier; and the top-tier exchange owners have basically stepped on a sewing machine. Besides Brother Sun, Nurse Xu, Mumu, Big Brother, and Old Black, they've all been involved.
Exchanges are indeed very profitable, but the money isn't as easy to come by as you might think.
Many people may not know, or may not have noticed, that there is a company in the crypto space that is more prosperous than any exchange. A company with about 100 employees, with annual profits exceeding $10 billion, and an average profit of $100 million per person. That is Tether, the USDT issuer!
Its business model is very simple, and one sentence can make it clear: users hold dollars and exchange them for USDT; Tether then uses users' dollars to buy U.S. Treasury bonds, enjoying an annual yield of about 4%.
Currently, the market size of USDT exceeds $150 billion, and by 2025, based on conservative estimates of U.S. Treasury yields, it will generate around $6 billion in income.
But it's unfortunate that ordinary people can't enjoy Tether's profit dividends; all the profits are divided among shareholders. As a top-tier company, it neither issues its own tokens nor goes public.
Many altcoins may die out, but stablecoins could become more and more widely used.
Bold prediction, or rather, at a visibly rapid pace, stablecoins were born in the crypto world but already possess the aura of a global payment industry infrastructure leader.
#美伊局势影响 #比特币保持坚挺
$ETH