newsOct 9, 202430:44pending
Why stablecoin Tether is more profitable than Goldman Sachs.
About this episode
Stablecoins, backed by real-world assets such as the US dollar, are on a rampage. Jon Ovadia, CEO of crypto exchange OVEX, explains how USD-backed stablecoin Tether, with just 100 employees, recently surpassed Goldman Sachs in terms of profitability. This, says Ovadia, will soon become a multi-trillion dollar business and account for most cross-border transactions. Moneyweb Crypto news articles
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