Crypto vs. TradFi: Tether’s 2023 Earnings Rival World’s Largest Banks

In 2023, Tether made waves in the financial sector by generating an astonishing $6.2 billion in net income. According to Teddy Fusaro, president at Bitwise, this figure closely competes with banking giants like Goldman Sachs and Morgan Stanley. Remarkably, Tether achieved this with approximately 100 employees, showcasing an unprecedented level of efficiency. Will Traditional Finance... source: https://beincrypto.com/crypto-firm-outperforming-multinational-banks/