ETF Store President: The US is still debating whether stablecoins can pay interest; Tether will earn $15 billion in profits this year.

Odaily Planet Daily reports that Nate Geraci, president of ETF Store, wrote that while the US political arena is still debating whether stablecoins should be allowed to pay interest to users, Tether expects to record $15 billion in profits this year with a profit margin of approximately 99%. Geraci believes this contrast highlights the huge gap between the regulatory discussions surrounding stablecoins and the industry's actual returns.