12-30-2021, 07:05 PM
Tether Employee's 'Manage' $4.34 billion EACH
<!-- SC_OFF --><div class="md"><p>USDT has a market capitalisation of <a href="https://coinmarketcap.com/currencies/tether/">$78.1 billion</a>, while Tether has only <a href="https://www.linkedin.com/company/tether/">18 employees on LinkedIn</a>*</p> <p>This means that each employee manages $78.1 billion/18, which is roughly $4.34 billion each.</p> <p>I understand that the management of USDT doesn't require the same sort of oversight as, say, a real estate firm, but this AUM per employee is still astronomical and alarming.</p> <p><strong>Tl;dr Don't use Tether</strong></p> <p>*It says that there are 25 employees, however a lot of these are "investors in Tether", or just entirely not related to the company. There are 18 who look like they actually work at Tether and I think that's generous.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Laughingboy14"> /u/Laughingboy14 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rrxrys/tether_employees_manage_434_billion_each/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rrxrys/tether_employees_manage_434_billion_each/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>USDT has a market capitalisation of <a href="https://coinmarketcap.com/currencies/tether/">$78.1 billion</a>, while Tether has only <a href="https://www.linkedin.com/company/tether/">18 employees on LinkedIn</a>*</p> <p>This means that each employee manages $78.1 billion/18, which is roughly $4.34 billion each.</p> <p>I understand that the management of USDT doesn't require the same sort of oversight as, say, a real estate firm, but this AUM per employee is still astronomical and alarming.</p> <p><strong>Tl;dr Don't use Tether</strong></p> <p>*It says that there are 25 employees, however a lot of these are "investors in Tether", or just entirely not related to the company. There are 18 who look like they actually work at Tether and I think that's generous.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Laughingboy14"> /u/Laughingboy14 </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rrxrys/tether_employees_manage_434_billion_each/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rrxrys/tether_employees_manage_434_billion_each/">[comments]</a></span>Kind Regards R