ETF Store President: The U.S. is still debating whether stablecoins can earn interest, Tether will make $15 billion in profit this year

ETF Store President Nate Geraci stated that the U.S. political arena is still debating whether stablecoins should be allowed to pay interest to users. Meanwhile, Tether is expected to record a profit of $15 billion this year at a profit margin of about 99%. Geraci believes this contrast highlights the significant gap between the regulatory discussions on stablecoins and the actual earnings of the industry.