Hey, it’s Marc,

Most people still think of Tether as "just a stablecoin company". They're wrong.

Tether.io just dropped two bombshells:

  1. Tether Power: They’ll 𝗼𝗽𝗲𝗻-𝘀𝗼𝘂𝗿𝗰𝗲 𝘁𝗵𝗲𝗶𝗿 𝗕𝗶𝘁𝗰𝗼𝗶𝗻 𝗠𝗶𝗻𝗶𝗻𝗴 𝗢𝗦 (MOS)

  2. Plasma: Raised $𝟱𝟬𝟬𝗠 𝗶𝗻 𝗺𝗶𝗻𝘂𝘁𝗲𝘀 for a new 𝗕𝗶𝘁𝗰𝗼𝗶𝗻-𝗯𝗮𝘀𝗲𝗱 𝗟𝟭 𝗳𝗼𝗿 𝘀𝘁𝗮𝗯𝗹𝗲𝗰𝗼𝗶𝗻𝘀, backed by Peter Thiel

These aren't separate moves.

To understand what Tether’s doing, look at what they’re trying to control.