In 2023, Tether (USDT issuer) has a revenue of about 6.2 billion USD.
Equivalent to 78% of Goldman Sachs's revenue, 72% of Morgan Stanley's.
But especially:
- Goldman Sachs has 49,000 employees, Morgan Stanley has nearly 82,000 employees. Meanwhile, Tether only has about 100 employees.
A terrible performance of the crypto industry compared to Trafi media finance.