Like any good Bitcoin maximalist, Tether is holding its own coins.The issuer of the largest stablecoin, USDT, disclosed that information in a recent blog post announcing it will be "regularly" buying bitcoin with its surplus profits to build up a war chest.This follows a surprisingly robust attestation (aka an "Assurance Report" completed by top five accounting firm BDO Italia, which is not the same as an audit) showing Tether netted $1.48 billion in profit in the first quarter of the year.
#years #information #specifically #essentially #press-release #european-union #conservative #corporations #federal-reserve #bitcoins-price
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