{"id":937273,"date":"2025-06-09T07:38:00","date_gmt":"2025-06-09T02:08:00","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=937273"},"modified":"2025-06-09T08:04:20","modified_gmt":"2025-06-09T02:34:20","slug":"the-wonderful-and-crazy-world-of-stablecoins","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/06\/09\/the-wonderful-and-crazy-world-of-stablecoins\/","title":{"rendered":"The wonderful and crazy world of stablecoins"},"content":{"rendered":"<p>Have you heard of Tether? <\/p>\n<p>This little-known company issuing stablecoin USDT\u2014now headquartered in El Salvador\u2014is estimated to have earned over $5 billion in profit in 2024, with fewer than 200 employees. <\/p>\n<p>Meanwhile, its U.S.-based counterpart Circle, the issuer of the stablecoin USDC and fully regulated under U.S. law, generated $1.68 billion in revenue last year and is preparing for a highly anticipated $10 billion IPO. These staggering figures raise an obvious question: how are companies making billions of dollars simply by issuing stablecoins? To understand this, we must first ask:<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Have you heard of Tether? This little-known company issuing stablecoin USDT\u2014now headquartered in El Salvador\u2014is estimated to have earned over $5 billion in profit in 2024, with fewer than 200 employees. Meanwhile, its U.S.-based counterpart Circle, the issuer of the stablecoin USDC and fully regulated under U.S. law, generated $1.68 billion in revenue last year and is preparing for a highly anticipated $10 billion IPO. These staggering figures raise an obvious question: how are companies making billions of dollars simply by issuing stablecoins? To understand this, we must first ask:<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-937273","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/937273","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=937273"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/937273\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=937273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=937273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=937273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}