Yeah #stablecoins grow 2x while net interest margins shrink 3x
Great outlook!https://twitter.com/CoinDesk/status/1250976124450021376 …
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Lol. Yeah it generally seems unclear to me if people have net made money by building stablecoins. Interested in
@paoloardoino's thoughts on USDT--do you guys think it was a net win for you, or basically just a service to the industry?
Tether started to service the industry to optimise arbitrage opportunities among crypto exchanges. You could park a bus in those spreads.
In 2017 the profit potential was already clear to the team. And with current monetary base Tether can't complain too much about revenues 
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Yeah I guess at $6b even 1%/year isn't too shabby
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Though on the other hand I be you and Merlin would love to be able to sleep one of these days.
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