Tether, the leading issuer of stablecoins, is projecting an impressive profit of $15 billion as the market for stablecoins experiences significant growth and expansion. This surge in the stablecoin sector can be attributed to increasing demand from investors and traders looking for a reliable digital currency that maintains its value amid the volatility of the broader cryptocurrency market. As Tether capitalizes on this booming market, it solidifies its position as a major player in the financial landscape of digital currencies.
source: https://blocknews.com/tether-eyes-15-billion-profit-as-stablecoin-market-booms/