Tether CEO @paoloardoino drops $13.7B annual profit number on @BanklessHQ
for context: that's 270x earnings multiple territory if valued like Circle
their response to GENIUS Act is GENIUS itself:
• dual track approach: make USDT compliant AND build new US domestic stablecoin
• current reserves 85% compliant with new requirements
• using BDO Italia as auditor (non-US entity)
• $156.67B total supply with $78B locked on TRON alone
recent treasury ops show the SCALE:
$1B mints, $177.9M issuances, complex redemption patterns
launching PearPass security products, expanding US financial infrastructure
they're not just adapting to regulation, they're positioning for total market dominance across jurisdictions
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