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Blog iconOvercollateralized Jonny
Jun 19

Stablecoin Syndrome: Why Every Company Wants One and Most Shouldn’t

The Rise of the Corporate Stablecoin CrazeLet’s start with an interesting statistic: in 2024, Tether, the issuers of USDT, reported approximately $13 billion in net profit, with around 150 employees, translating to $86 million in profit per employee (Tether Report). This makes Tether, by comparison, Wall Street giants like Goldman Sachs and Apple report profit per employee in the $300k to $1 million range. Sounds like a lucrative business model… Unsurprisingly, over the last year, we have see...

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From Servers to Superchains: How Rollups are Taking Over Blockchains

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