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ROLLUP: Farcaster Frames | XRP Hack | Bitcoin Marketing Budget | Pudgy Launches OverpassID | OpenSea for Sale | Telefonica x Helium | #297

The Milk Road Show

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Tether's Record-breaking Profits and Potential Acquisitions

This chapter discusses Tether's announcement of record-breaking profits in the fourth quarter of 2023 and speculates on the potential acquisition of OpenSea or Circle. The discussion explores the sources of Tether's profits, admiration for their profitability with a small workforce, and the implications for the stablecoin market.

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