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The San Francisco firm announced plans to enter the lucrative digital dollar market, dominated by stablecoin giants Tether and Circle. Will this weaken demand for the $32 billion market cap XRP?
Meet the 17 investors and entrepreneurs who made ten-digit fortunes on the blockchain.
Members of the secretive management team behind $83 billion worth of Tether stablecoin have literally minted their own fortunes.
Tether is a stablecoin traded more frequently than bitcoin which is redeemable for US Dollars, however like a bank, the cryptocurrency is not immune from a run.
The Wall Street Journal published an investigative report highlighting the highly polarized distribution of USDT control by Tether founders.