gaborgurbacs

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

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.

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.

Spot Bitcoin ETFs surpassed $1 Trillion in volume within 18 months from launch. Institutional adoption is here. Bitcoin is special.

I got 99 problems…
Bitcoin at 99k isn’t one of them.

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.

When Bitcoin hits $1 million, you should not ask why Bitcoin is so expensive. You should ask why the Dollar buys so little… + how much bread and housing costs.

Tether is quietly becoming one of the most used financial networks on Earth.
+ 433M+ users, added 39M users in Q1 alone
+ $USD₮ would rank 19th in U.S. Treasuries if it were a country
+ On track to hit 1 Billion users.

The digital dollar is already here.
https://usdt.network

Bitcoin through time

Tether’s profit in 4 days matches Circle’s profit in a whole year. What would be the implied valuation, hypothetically?

The future of finance is built on Bitcoin, not beside it. As institutions race to tokenize real-world assets, good infrastructure like @hadron_tether is everything. Explore seamless, institutional-grade issuance on Bitcoin L2s like @Liquid_BTC & @RGB_Hub. https://hadron.tether.to/en/blog/bitcoin-layer2-overview-rwa-tokenization

The future of finance is being built on Bitcoin, not beside it. As institutions race to tokenize real-world assets, good infrastructure like @hadron_tether is everything. Explore seamless, institutional-grade issuance on Bitcoin L2s like Liquid and RGB. https://hadron.tether.to/en/blog/bitcoin-layer2-overview-rwa-tokenization

The future of finance is being built on Bitcoin, not beside it. As institutions race to tokenize real-world assets (RWAs on @hadron_tether), infrastructure is everything. Bitcoin’s unmatched security makes it the logical settlement layer, but it’s Bitcoin Layer 2 protocols like Liquid, RGB, etc. that add the flexibility, speed and programmability needed to bring this vision to life.

I have been advising a number of large sovereign wealth funds and top banks on Bitcoin, stablecoins + tokenized assets.

All I can say is that if you are impressed now, you haven't seen anything yet. Capital markets are going through massive transformation. The future is bright.

Bitcoin is more American than the Dollar.
Change my mind.

Bitcoin treasury companies are a margin call on paper Bitcoin schemes. When the tide goes out, we will see who is swimming naked.

Practically every politician of any party agree that they should be able to print unlimited amount of money and spend it in a way they want. That is my top pitch for Bitcoin, for 12+ years.

Grok thinks Bitcoin will hit $250,000 in 2025

USD₮ insights, updated daily: https://usdt.network/

Stablecoins are the 3rd largest purchasers of U.S. short term securities. Source: Bank of International Settlements (BIS)