Tether now holds 1.6% of outstanding T-Bills. | RyanSAdams on Binance Square

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Tether now holds 1.6% of outstanding T-Bills.

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A lot of "L2s" just got booted to the "other" category after the @l2beat recategorization L2Beat not messing around The Sheriffs of user property rights

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- GENIUS Act passed Senate - Circle up 6.7x from IPO - Tether holds 1.6% of all T-Bills - Treasury Sec calls for $3.7T stablecoins Stablecoin Summer. 🏝️ Ethena is the #3 stablecoin right now. Is ENA a buy? Best report i've read by @JustDeauIt. Can't believe this is free.

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Let's extrapolate. If U.S. Treasury Secretary is right & stablecoins grow to $3.7 trillion by 2030 somewhere around 7-10% of the entire U.S. M2 money supply will be on Ethereum. 10% of all world dollars supply on Ethereum. Ethereum = world ledger ETH = world reserve asset

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0% of the people saying this bought bitcoin under 10k i guarantee you

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Just recorded with Tether CEO @paoloardoino i've gotta say he's one of the most unassuming people i've met in crypto for the level of success he's had The Stablecoin King 👑 Biggest question going in...assuming GENIUS act becomes law is he aiming for USDT compliance or is he going to launch a new US domestic stablecoin? The answer was both. Really nuanced. You'll have to listen. And this was crazy. He said Tether made $13.7 billion last year. In profits. David and I almost fell out of our chairs. He also broke news that Tether is launching a new product this year... Starts with a W. Enough teasing, killer episode - out Monday on @BanklessHQ.

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