Tether’s Big Bet on Bitcoin Lightning Network: Will It Work? 🤔

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So, Tether-yeah, the big name in stablecoins-has just chipped in a cool $8 million to a Bitcoin startup called Speed. And guess what they’re aiming for? They’re trying to be the Uber for enterprise stablecoin payments on this thing called the Lightning Network. 🚀

Tether sits there all smug and says, “Look at Speed, they’re gonna move money faster than a New Yorker in a five-star line for takeout. With low fees, obedience to the law, and global arm reach.” I mean, sure. It’s almost as if they’re saying, “Yeah, Tether made it!” 🏆


Then there’s Ego Death Capital, oh, those Bitcoin-holic serial investors-they also threw some cash into Speed’s pot. Because what else would you do with all that Bitcoin money, right? 💸

Speed boasts that it sends payments around for over 1.2 million people-consumers, creators, you name it, all moving more than $1.5 billion a year. They have this fancy-dancy Speed Wallet. Must be super handy-especially when you’re trying to pay for 200 slices of pizza. 🍕

So, Tether’s going all superhero mode here, backing Bitcoin payments systems. “Behold!” cries Paolo Ardoino, “For we are expanding the U.S. dollar for your digital delight.” I didn’t even know “delight” was a thing in the Treasury bill business. 😅

So, now Tether’s dabbling all over the place-like, we’re talking from Bitcoin mining to AIs playing Watson to football matches (because who doesn’t like betting on the underdog?) They bagged that cash from basically just sitting on the interest from their treasury bills, which is probably their most lucrative investment. I mean, who needs stocks, when you’ve got government borrowing against you?! 🤑

And let me tell you, Tether didn’t just get rich; they did it faster than you can say, “This stablecoin is less stable than my cholesterol levels.” Over $10 billion in profit since the start of 2025 alone. 👑 They’ve got more profit per person than Amazon has delivery trucks. I guess when you’re sitting on the world’s largest stablecoin wallet-so to speak-you do what you want, right? 💼

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2025-12-17 04:38