There are just 3 simple steps to take profit:
-- Buy an asset
-- Sell the asset
-- Convert vUSD to USDT
Enjoy your weekend—and don’t forget to do it every day! ☺️
Why Everyone is Rushing to Launch Their Own Stablecoin
$33.3B in hidden profits: Why USDT’s "dead coins" are driving the global stablecoin gold rush.
In 2026, a "stablecoin" is nothing more than a line in a tiny database: your wallet address and the balance next to it.
This database can live across thousands of Ethereum nodes, ten Solana nodes, or centrally on an L2. The issuer holds absolute control. They can mint, burn, freeze addresses, and decide who gets to redeem and who gets blacklisted. It’s a centralized ledger mapping asset distribution across addresses. The blockchain is just a glorified settlement layer for moving balances around.
The playbook is dead simple: you hand over a dollar, and you get a "trusted" digital dollar back. The issuer then publicly flexes their "clean" yield: backing the reserves with T-bills, money market funds, repo agreements, and cash deposits, while pocketing 100% of the yield.
As of Q1 2026, #Tether held roughly $117B in U.S. Treasury Bills, nearly $20B in gold, and around $7B in Bitcoin. They are printing money: $1.04B in net profit for the quarter on a circulating supply of ~$185B USDT. Tether loves bragging about these numbers. But there’s a massive catch.
#USDT has been around since 2014 (shoutout to Realcoin,if you remember, you're an OG).
Over these 12 years, a staggering amount of tokens have been lost, forgotten, fat-fingered to the wrong addresses, left as dust on dead wallets, locked up with deceased owners, or seized by feds. Millions are frozen, blacklisted, delisted from exchanges, and simply never coming back for redemption.
On paper, this is a Tether liability. In reality, no one will ever claim these tokens or even prove they own them (good luck getting a reply from Tether support).
This is where the real magic of centralized stablecoins happens.
If you have $185B in circulating supply, but a massive chunk of holders will never show up to claim their dollars, you don't need a "100% immediate redemption" model. How much is actually lost? For context, public estimates show that up to 18% of all #Bitcoin is lost forever. And Bitcoin doesn't even have to deal with dusting from micro-transactions, blacklists, asset seizures, or exchange delistings. Stablecoins have way more "death vectors."
You can't just write off dead coins as pure profit on the balance sheet, you can't prove the owner won't magically reappear. So, Tether keeps backing them as a permanent liability. But this liability is free, interest-free, and perpetual. Which means the yield from it drips into their pockets forever. A beautifully profitable $33.3B stack of dead money.
These permanently lost tokens are the exact reason why everyone and their mother is rushing to launch a stablecoin right now.
Even if you don't scale to Tether’s $185B level, the endgame is the same: onboard users into a "decentralized," clunky, and highly restricted environment where they shoulder 100% of the risk regarding keys, addresses, exploits, and losses.
Meanwhile, the actual fiat deposits, the yield, and the raw liquidity? That stays with you.
Bitcoin is stuck below local resistance while Open Interest keeps rising. More positions, more leverage, more tension. That’s not a breakout signal. It’s pressure building inside a tight range. First move often comes from forced liquidations, not conviction. Watch who gets squeezed first and then judge the trend.
Just a little timeline from this month:
April 1 - Drift exploit
April 7 - @AnthropicAI drops Mythos
April 17- @KelpDAO hacked
#AI is everywhere in cybersecurity. Just not in the way anyone expected.
@Nik95247423@KelpDAO@aave I’ve read that there may be issues with withdrawing stablecoins from Aave. I’ll stay on the sidelines for now.
Very curious how @Tangem is offering 13% ?
Following @KelpDAO exploit, @aave is facing up to a $300M bad debt hole. Importantly, aave itself wasn't hacked or compromised, but the incident triggered a massive liquidity outflow.
As a result, yields have spiked in some interfaces to as high as 13%, levels we haven’t seen before. AAVE is trying to attract liquidity back.
At first glance, this may look like an attractive opportunity to deploy stablecoins into Aave via @Tangem. BUT DYOR
I decided to stake $SOL via my @Tangem wallet.
Solid % in the current market.I’ve already tested a bunch of features, and everything works flawlessly.
If you want 30% off a cold wallet, use my link.
https://t.co/EMgbw08mgV
@Nik95247423@Tangem I’ll probably stake $SOL somewhere else. But sent USDT through Aave into my Tangem wallet. It’s super convenient to earn passive income in a stablecoin automatically, while keeping it secure.
Well then… not even a day has passed and hostilities have resumed again. Judging by everything, ships are still barely passing through the Strait of Hormuz, oil prices are rising again. Overall, strong turbulence is possible in the crypto market. Stay prepared, don’t trade with 20x leverage, and don’t forget to use stop losses.
Short-term $BTC price prediction
Bitcoin hit $72k a key and obvious short stop level. After a brief pullback, we could move up toward $74K.
74k-79k zone looks attractive as a target for this rebound during 2-week ‘truce’ period in US|ISRAEL|IRAN war.
What happens if your #Ledger breaks or gets lost?
Sure, you can buy one more ledger or import your recovery seed into Trust Wallet or MetaMask to access your funds, BUT that kills your hardware security.
@Tangem offers a more refined solution. With their 3-card set, even if you lose one, you have two others for instant access. No seed phrase exposure, just pure cold storage.