Tether Co-Founder: In the Stablecoin 2.0 era, it’s necessary to rebuild the mechanism for distributing users’ dollar fund earnings

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BlockBeats News, June 20 — Reeve Collins, co-founder of Tether, said that Tether holds the U.S. dollar funds deposited by users, invests them in U.S. Treasury bonds (currently yielding about 3%–4%), and keeps all the profits for itself. While users obtain fast and immediate USD liquidity worldwide, they do not receive any returns generated by their assets.

This simple mechanism makes Tether a market leader, but it also embeds a structural characteristic of “profits being centrally captured by the platform,” which Collins believes is exactly what needs to be changed in the stablecoin 2.0 era.

In addition, Collins said it is necessary to distinguish between “investment” and “speculation,” to enter the AI infrastructure layer as early as possible rather than trying to build the application layer from the outside, and to hold Bitcoin long-term as the core allocation.

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