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	Podcast:		Moneyweb Crypto
	Episode:		Why stablecoin Tether is more profitable than Goldman Sachs.
	Category:		News & Politics
	Duration:		00:30:44
	Publish Date:		2024-10-09 04:00:00
	Description:		Stablecoins, backed by real-world assets such as the US dollar, are on a rampage. Jon Ovadia, CEO of crypto exchange OVEX, explains how USD-backed stablecoin Tether, with just 100 employees, recently surpassed Goldman Sachs in terms of profitability. This, says Ovadia, will soon become a multi-trillion dollar business and account for most cross-border transactions. Moneyweb Crypto news articles
	Total Play:		0

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