January 29, 2025
Tether Expands Bitcoin Holdings, Becomes 11th Largest BTC Holder with $380M Purchase
Tether, the issuer of the world's largest stablecoin USDT, has reportedly acquired an additional 8,888 Bitcoin, valued at $380 million. This strategic move positions Tether as the 11th-largest holder of Bitcoin and signifies its effort to diversify the assets backing USDT. In a significant development in the cryptocurrency market, Tether, known for issuing the world’s […]