
In Q1 2023, Blackrock made $1.16B in net income. In that same time, Tether netted $1.48B. A stablecoin issuer has just surpassed the net income of a 35-year-old asset manager with $9T AUM.

In Q1 2023, Blackrock made $1.16B in net income. In that same time, Tether netted $1.48B. A stablecoin issuer has just surpassed the net income of a 35-year-old asset manager with $9T AUM.
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