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Cryptopolitan 2023-05-17 15:47:55

Tether uses Bitcoin to strengthen its reserves

In a bold move that marks a significant strategy shift, Tether International Limited, the organization behind the pioneer and most popular stablecoin, has declared its new investment plan. The strategy entails strengthening its reserves portfolio through periodic Bitcoin (BTC) purchases, using up to 15% of its net realized operating profits, according to the company’s recent ... Read more

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