Data: Tether's net profit in 2023 is $6.2 billion, with only 100 employees
Bitwise President Teddy Fusaro cited Maelstrom data indicating that stablecoin issuer Tether's net profit in 2023 is approximately $6.2 billion, which is 78% of Goldman Sachs' $7.9 billion and 72% of Morgan Stanley's $8.5 billion. However, Tether has only about 100 employees, while Goldman Sachs and Morgan Stanley have 49,000 and 82,000 employees, respectively.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CandyBomb x DEBIT (Episode 2): Trade to share 45,000 USDT
Trend-following bot upgrade: Custom parameter settings now supported
CandyBomb x CNPY: Trade to share 75,000 USDC
New spot margin trading pair — CP/USDT, SOPH/USDT!
