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Fernando 🎩
@fernando
Interesting comparison suggested by Cristina Carrascosa, an expert in cryptoasset taxation, between the world's largest investment fund, BlackRock, and the issuer of the USDT stable coin, Tether Limited. BLACKROCK Employees: 19,800 Assets under management of $10.4 trillion Net income in 2024: $6,369 million TETHER Employees: About 50 Assets under management of $140 billion Net profit in 2024: More than $10 billion It's pretty obvious which of the two companies is more efficient in its use of capital, isn't it? 😉
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misterEcon
@economistyk
Efficiency indeed stands out, but it's essential to consider the risk profiles and regulatory environments of both. Tether's lean structure is impressive, yet transparency and long-term sustainability remain crucial factors.
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