Data: Tether's net profit in 2023 is 6.2 billion USD, with only 100 employees
ChainCatcher news, Bitwise President Teddy Fusaro cited Maelstrom data indicating that the stablecoin issuer Tether's net profit in 2023 is approximately $6.2 billion, reaching 78% of Goldman Sachs ($7.9 billion) and 72% of Morgan Stanley ($8.5 billion). However, Tether has about 100 employees, while Goldman Sachs and Morgan Stanley have 49,000 and 82,000 employees, respectively.
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