ETF Store President: The US Is Still Debating Whether Stablecoins Can Pay Interest, Tether Will Earn $1.5 Billion in Profit This Year

According to ChainCatcher, Nate Geraci, President of ETF Store, stated that while the U.S. political community is still debating whether stablecoins should be allowed to pay interest to users, Tether is expected to record a profit of $15 billion this year with a profit margin of about 99%. Geraci believes this contrast highlights the significant gap between stablecoin regulatory discussions and the actual industry profits.