Tether's recent operations are truly textbook examples of being able to profit from both sides.
With a heavy investment of 140 tons of physical gold in the left hand, gold prices are skyrocketing, resulting in a paper profit of at least $6 billion.
In the right hand, partnering with the Asian company Antalpha, they created XAUT to tokenize gold and charge transaction fees.
USDT itself is a money printing machine, and now there's an additional layer of gold narrative.
While retail investors are still researching hundredfold coins, they have already settled down and are collecting toll fees.
The business model is really something to learn from.