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Get Opto’s best content every day by subscribing to our FREE Newsletter: www.cmcmarkets.com/en/opto/newsletterToday, we are pleased to introduce Larry Cermak, CEO of The Block, a news and research company for the crypto industry.In this episode, Larry discusses the significance of Tether's recent announcement to invest 15% of its profits in Bitcoin and explains how Tether generates its revenue, highlighting its position as the largest stablecoin and the potential long-term benefits of this strategy.The conversation then shifts to the overall health of the blockchain industry, addressing regulatory concerns, compliance, and the recent slowdown. Larry touches on the various use cases in the blockchain industry, including financial products, NFTs, data storage, and layer one and layer two solutions. He expresses excitement about layer twos and roll-ups, highlighting prominent solutions like zkSync, Scroll, Polygon, and StarkNet, emphasising the potential of these technologies to scale blockchains while maintaining security and decentralisation.Before becoming CEO, Larry served as Head of Research and Data and, previously, as VP of Research at The Block, where he played a crucial role in analysing market trends, further solidifying his reputation as a trusted authority in the crypto space. Enjoy!Thanks to Cofruition for consulting on and producing the podcast. Want further Opto insights? Check out our daily newsletter: https://www.cmcmarkets.com/en-gb/opto/newsletter------------------Past performance is not a reliable indicator of future results.CMC Markets is an execution-only service provider. The material (whether or not it states any opinions) is for general information purposes only and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment, or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by CMC Markets or the author that any particular investment, security, transaction, or investment strategy is suitable for any specific person.The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination.CMC Markets does not endorse or offer opinions on the trading strategies used by the author. Their trading strategies do not guarantee any return and CMC Markets shall not be held responsible for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein for any loss that you may incur, either directly or indirectly, arising from any investment based on any information contained herein.-----The content in this podcast is for informational purposes only. Opto Markets LLC does not recommend any specific securities or investment strategies. Investing involves risk & investments may lose value, including the loss of principal. Past performance does not guarantee future results. Investors should consider their investment objectives and risks carefully before investing. The information provided is not an endorsement of this product and is for information and/or educational purposes only.