Crypto Takeover before our eyes:
According to #Cointelegraph, stablecoin giant and USDT issuer #Tether has reported a record $5.2 billion profits for the first half of 2024.
Last year it reported $6.2 billion profits for the full year.
This has #Tether making more profits than the world's largest Asset Manager (BlackRock) that has over $10 trillion under management.
This is just 1 of the main indications of crypto taking over and making its way up to the crown of monetary and financial system evolution.
Another interesting finding is that #Tether is now also 1 of the biggest holders of US government bonds in the world with over $97 billion invested, even surpassing holdings of large governments such as Germany!
We're on the right of history being written as we live it. $BTC $ETH $XRP $RUNE $COTI $STX $AAVE