USDT

product on 4 shows · 5 statements across 5 episodes · said 1 times in 1 episodes since 2025

TBPN 1 Cheeky Pint We Live to Build Capital Allocators

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TBPN 1

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5 statements about USDT, every show

Tether operates like a hedge fund retaining all yield, says Stern
“USDT is like a 100 hedge fund. Like they keep all Of the carry for you which speaks to how, like, much people want stable currency across the world.”
Henri Stern Nov 4, 2025 ▶ 12:37 Stablecoin special: Zach Abrams (Bridge) and Henri Stern (Privy)
TBPN Prediction Not checkable as stated
Balaji: Markets Will Split Between US-Regulated and Global Products
“And the space is partitioned in an interesting way, and I think many other things will partition this way into like a US and a global, right? Like the USDC coin or the USDC asset is like US regulated, and then USDT is like intentionally non-US regulated, right…”
Balaji Srinivasan May 31, 2025 ▶ 27:59 Weekend Special: Elon Recap, Balaji, Chris Dixon, Brian Armstrong, Crypto Day + Thiel Fellows
TBPN Assertion Supported
Hays: Tether generates 10x more revenue per employee than BlackRock
“Like if you actually look at, like, I think the most, it's USDT is, has more revenue on a per employee basis by like, 10 X than BlackRock.”
Jordi Hays Oct 24, 2024 ▶ 18:10 Crypto is Back Baby (ep5)
Forman: Holding USDT or USDC Carries Issuer Counterparty Risk Like Bank Deposits
“So if you own USDT, you're taking tether counterparty risk. How do you price that? What return do you need to earn to make that worth your while? If you own USDC, you're taking kind of circle counterparty risk, and you're making a bet on their risk management.…”
Ben Forman Jun 20, 2022 ▶ 35:53 Ben Forman – Opportunities in DeFi (EP.256, Crypto for Institutions 2, EP.03)
Weisbrot: Ethereum USDT salary transfers cost $900 in fees across 14 transactions
“Until recently, we were using crypto, we were using USDT Tether, and because of the Ethereum network becoming so clogged, the fees were getting up to 50 dollars for each transaction. So it cost the company 900 dollars this month for salary, 900 dollars for 14 …”
Sean Weisbrot Dec 14, 2021 ▶ 14:18 600 Employees Later, He Still Creates Roles for the Right Person

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