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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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58350607 No.58350607 [Reply] [Original]

>> No.58350625

>>58350607
weird this thread started in the end of the board instead of the top.

>> No.58350651
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58350651

>>58350625
It started in my ass and ends in my ass.

>> No.58350697

Bumping so that this gets pushed back to the end of the board

>> No.58350746

>>58350607
Fucking JANNIES
Also, damn State Street not doing so hot rn huh?

>> No.58350751

LMAO at goldman and citi
holy shit their CRE bags must be massive

>> No.58350754

if you show this to Randy (bitfinexed) he might rope

>> No.58351173

>>58350607
>>58350625
I don't see what's weird about it. Tether's operation is extremely simple:
>receive USD deposit
>press tether button
>send USD to custodian and collect risk-free interest
>the same person gives you back the tether
>give them back the amount of USD, charge fees, keep the interest
an AI could do it.

>> No.58352441

>>58350754
it truly is incredible how far stablecoins have reached.

>> No.58352461

>>58350697
Yeah wtf is going on since when is this board in reverse?

>> No.58352523

>>58351173
Yep, and that's why the tether fud is stupid. Anyone that sold their crypto because of the tether fud deserve to fucking rope.

>> No.58352803

didn't know they have 97 TRILLION in deposits

>> No.58352910

>>58352803
billy not trilly

>> No.58352929

>in millions
Lol. Lmao even.

No wonder cryptobros all go bk

>> No.58352941

>>58352910
The data source labels it incorrectly.

>> No.58352958

>>58351173
Yup and the massive increase in treasury rates filled any holes they might have had

>> No.58353012
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58353012

Tether makes so much money there's no point to try to scam the market.

Collect that 5% risk free on >$100 Billion USD.

>> No.58353015

Tether is ultra legit