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Tether Eyes $15 Billion in 2025 Profits as IPO Buzz Heats Up
Yahoo Finance· 2025-10-24 16:30
Tether CEO Paolo Ardoino. Photo by BeInCrypto Tether CEO Paolo Ardoino recently claimed that his company will make $15 billion in profit this year. He added that it has a 99% profit margin, which would be astronomically successful. Of course, we should interpret these comments in light of a rumored impending IPO. Ardoino also stated that its purported $500 billion valuation would be "very cheap," and described turning away investors. Tether's Surging Profits Tether, the world's largest stablecoin issuer ...
X @CZ 🔶 BNB
CZ 🔶 BNB· 2025-10-23 06:30
Saying the obvious. Most people “in crypto” know this, most people “not in crypto” may not understand yet.Tokenizing gold is NOT “on chain” gold.It’s tokenizing that you trust some third party will give you gold at some later date, even after their management changes, maybe decades later, during a war, etc.It’s a “trust me bro” token.This is the reason no “gold coins” have really took off. 🤷‍♂️Tengen (@Crypto_Tengen):Peter Schiff reveals he will be launching a tokenized gold product"You'll be able to buy go ...