plasma gets usdt at 2-3 basis points cheaper than every competitor through paolo ardoino's direct deal. that 10% yield they're offering? 3.5% comes from tether passing through t-bill yields at cost. ethena pays full market rates. world liberty can't even access usdt wholesale. plasma literally cannot be undercut on yield because their stablecoin costs less. tether making one company the monopoly gateway to $139.8b in liquidity
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