Tether isn’t stablecoin company.It’s a money-making machine backed by US Treasuries.In 2024 alone, Tether made $13 billion in profit.Yes, that's $13 billion - billion with a B!That’s more than Coinbase, Circle, and Paxos combined.It’s not from trading fees or token issuance.It’s from interest on reserves.I explain:- You deposit dollars.- Tether issues USDT- Tether invests your dollars into US government debt.- You get a stablecoin.- They get the yield.Simple model. Massive scale.By end-2024:- Te...