Why is Tether So Profitable, and Will It Last?

Core Insights - Tether is projected to generate approximately $15 billion in revenue this year, equating to $41 million daily, $1.7 million hourly, $28,538 per minute, and $475 per second, indicating a strong bullish sentiment in the market [1] - If Tether continues its rapid growth, it could potentially manage $3 trillion in assets, leading to revenues surpassing the $120 billion annual earnings of Saudi Aramco [2] - Tether's USDT stablecoin is backed by low-risk assets that yield returns, benefiting from rising interest rates during the pandemic, contributing to its profitability [3] Company Financials - Tether's market capitalization stands at $183.2 billion, reflecting a 50% increase compared to the previous year [3] - The company holds 87,475 BTC, valued at nearly $10 billion, making it a significant player in the Bitcoin market [4] - Tether is reportedly seeking to raise $20 billion for a 3% stake, which would value the company at approximately $500 billion, positioning it ahead of Netflix and Samsung [5] Investment Strategy - Tether has diversified its investment portfolio, including a stake in the Italian football club Juventus, where it has become the second-largest shareholder [6]