Stern: Tether does not need to pay yield to stay dominant
Henri Stern · Stablecoin special: Zach Abrams (Bridge) and Henri Stern (Privy) · Nov 4, 2025 · at 22:30
Privy co-founder Henri Stern discusses why Tether's network effects and brand strength in emerging markets protect its zero-yield model.
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“I don't think they have to in order to stay dominant.”
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