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gaborgurbacs
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ETFs surpassed $1 Trillion in volume within 18 months from launch. Institutional adoption is here. Bitcoin is special.
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gaborgurbacs
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Tether was built and operated for a long time in a zero-yield environment. This allowed for focusing on serving unbanked and underbanked people and business in emerging markets of particular need. Product market fit was pure and simple. https://usdt.network
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It’s 2025 and institutions still don’t understand stablecoins. 3 points: + The primary user group is un- and under-banked. + Users look for reliability and inclusion, not yield. + Emerging Markets lives and businesses depend on stablecoins. Not just one of many shiny tools.
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Wow, this was 10 years ago today. Time flies! Proud to have started the VanEck Bitcoin/crypto effort and catalyze + pioneer Bitcoin ETFs and institutional adoption when it was unpopular.
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I got 99 problems… Bitcoin at 99k isn’t one of them.
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So some very high level people told me that “I don’t trust Bitcoin core devs”. We don’t trust. We verify folks. Glad more start to understand. Important educational opportunity.
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