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Tether buys bitcoin with a portion of its net profit to back USDT stablecoin - CNBC
+ 75 more
5/17/23 at 1:00pm
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CNBC
Author
Ryan Browne
36 words
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Tether said it would invest 15% of its net profit into bitcoin to "diversify" the reserves that back its USDT token.
Currencies & Foreign Exchange
Business & Industrial
USDT
CNBC Tether
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https://www.cnbc.com/2023/05/17/tether-buys-222-million-worth-of-bitcoin-to-back-its-usdt-stablecoin.html
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