Banks Want In on Tether’s Billions in Stablecoin Profits https://ift.tt/rBTn1Ck Banks Want In on Tether’s Billions in Stablecoin Profits Until recently, banks watched from the sidelines with envy as stablecoin market leader Tether Holdings boasted of billions in profits. Now they want in. Earlier this year, Societe Generale - Forge made its Euro-backed stablecoin — which basically represents fiat on a blockchain ledger — available to retail investors. Financial group Oddo BHF SCA is also working on a Euro-denominated one, and London-based Revolut is co…