According to Foresight News, Willy Woo recently highlighted Tether's significant impact on the cryptocurrency industry. Founded in 2014, Tether addressed the banking service challenges faced by the sector, as banks were generally unwilling to provide services to crypto companies at the time. Today, Tether has become the fifth most profitable company globally, surpassing financial giants like Morgan Stanley and Goldman Sachs, despite having only around 100 employees. Woo suggests that Tether has the potential for at least tenfold growth in the future.