Stablecoins Are About to Change the Game
In just 9 months of 2025, Tether reported a staggering $10 billion profit from USDT alone. How? By holding $137 billion in US Treasuries—making it the 17th largest US debt holder. Essentially, stablecoin holders lend Tether their capital at 0% interest, which Tether then invests in Treasuries to earn massive yields.
Innovation is arriving on-chain: Jupiter’s JUPUSD is the first stablecoin designed to return these yields directly to its ecosystem. The stablecoin yield model is evolving—and fast.