Stablecoin Market Overview - The stablecoin market is expected to be dominated by three major players: Tether, Athena, and USDC [2] - Tether has a significant distribution advantage due to its integration with large crypto exchanges and payment processors [3] - Social media companies are more likely to integrate existing stablecoins rather than create their own [3] Tether's Financial Performance - Tether generates approximately $8 billion in net income annually with 150 employees [1] - Tether is considered the most profitable bank per employee in history [1] Future of Banking - Stablecoins represent the future of banking, particularly for individuals outside of America seeking access to US dollar-backed assets [2] - Demand exists within the fiat realm for dollar bank accounts, US Treasuries, and US stock investments [2]