💸 The Wall Street Journal published article about USDT and Tether's business.
Key points from the article:
🔘 Tether handles $190 billion a day, roughly the same amount as Visa cards. Its profits were higher than BlackRock's* ($6.2 billion versus $5.5 billion, with 100 and 20,000 employees, respectively).
*️⃣ Blackrock is one of the largest international investment companies providing investment management services, based in the United States.
🔘 USDT has become the main tool for moving assets abroad , with Russia, Venezuela and Iran using USDT to circumvent sanctions and deal with China.
🔘 Tether creates a parallel economy that operates beyond the reach of US law enforcement.
🔘 The company is blocking a small amount of "dirty USDT " - this is just a show.
