Tether is the new bank.
Similarly to banks, why would Tether give the yield if they can keep it?
We are just shifting power from one group of players to other corporations while users and decentralization suffers.
Yet, we will do well.
People will flee to Defi to earn yield.
We can see Kraken and Coinbase creating Cefi wrapper vaults on Defi.
This will generate fees to our beloved defi platforms, making their tokens valuable.
Whatever happens, we will do well.
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