Tether Rakes in $6B in 2023 Income with Just 100 Employees, Sparking Interest and Scrutiny of Crypto Leader

• Tether generated $6.2 billion in net income in 2023, rivaling top banks like Goldman Sachs and Morgan Stanley • Tether achieved this with only 100 employees, resulting in $61.8 million in net income per employee • Tether's growth and dominance in stablecoins may prompt traditional financial institutions to explore crypto • Tether is moving into AI, investing in renewable energy and Bitcoin mining to promote open-source AI models • However, Tether faces allegations of money laundering and lack of transparency from critics like Bitfinex’d