Stablecoins Capture Up to 75% of Crypto Revenue as Competition Heats Up
Stablecoin issuers continue to capture the majority of crypto protocol revenue, consistently accounting for 60% to 75% of total daily earnings across major sectors such as lending, decentralized exchanges, and blockchain infrastructure.
The figures reaffirm stablecoins’ role as the most profitable vertical in the digital asset space, serving as the backbone of liquidity and collateral across the ecosystem.
Tether’s Profitability Sets Industry Benchmark
Tether, the issuer of USDT, remains the industry’s profit leader, with CEO Paolo Ardoino revealing that the company is on track to earn $15 billion in 2025 – boasting a staggering 99% profit margin. Its business model centers on earning yield from reserve assets…
