Some will hate what I say but the Tether of today is clearly not the Tether from 5 years ago (unless all the reports of not having 💯 reserves were all false). I remember many saying Tether is the nuclear 💣 that’ll drive Bitcoin to zero. But realize this: Today, the Commerce Secretary of the United States’ Company, Cantor Fitzgerald, maintains Tether’s reserves and has confirmed that those reserves are in fact there. Now consider: In 2023, Tether reported a net profit of 6.2B, surpassing BlackRock’s 5.5 billion earnings in the same year. In 2024, Tether had a profit of 13B, placing it on par with Goldman Sachs. In Q1 2025, Tether reported an operating profit of 1 billion. In 2023, Tether had only 100 employees and in 2024 announced plans to double the staff to around 200 by mid-2025, making Tether quite possibly highest profit per employee enterprise than any other financial company. @paoloardoino is certainly up for the most successful CEO in Crypto.