Tether & Bitfinex Drop $2B in Bitcoin for Twenty One Capital
$2B in BTC moved! Tether & Bitfinex finalized a massive Bitcoin transfer to Twenty One Capital. Here’s what it means. #Tether #Bitcoin #GameFi
$2B in BTC moved! Tether & Bitfinex finalized a massive Bitcoin transfer to Twenty One Capital. Here’s what it means. #Tether #Bitcoin #GameFi
Is Bitcoin changing? The Bitcoin Conference revealed a shift to government and corporate influence. See what it means for the future. #BitcoinConference #CryptoPolitics #BitcoinFuture
Big news! Tether considers a US stablecoin launch. What does this mean for crypto regulations and the future of digital currency? #Tether #Stablecoin #Crypto
Why the buzz around USD1? Binance lists the stablecoin but with EU/US trading restrictions. Get the details! #Binance #USD1 #Stablecoin
🚀 Half of USDT’s $150B supply is on Tron! Discover the implications for stablecoins and the future of GameFi. #Tron #USDT #Stablecoins
💰Trade crypto with your brokerage? Hong Kong’s Futu Securities now offers crypto deposits and Bitcoin rewards! #FutuSecurities #CryptoAdoption #BitcoinRewards
🚀 Tether just launched Tether.ai! See how the USDT stablecoin giant is revolutionizing artificial intelligence. #Tether #AI #Stablecoin
🚀⚡️💰 Is USDT right for you? Learn how this stablecoin works, its risks, and why it’s a crypto staple.#Tether #USDT #Stablecoin
Tether, the issuer of the USDT stablecoin, significantly increased its holdings of US Treasuries by over $3 billion in a recent quarter, bringing its total exposure to approximately $120 billion. This move occurred despite a year-over-year decrease in quarterly profits. The company’s latest attestation report highlights the shift in its reserve composition towards US Treasury bills, reverse repurchase agreements, and money market funds with Treasury exposure.
Tether’s tokenized gold product, XAUT, has reached a record backing of over 7.7 tons of gold, according to its first official attestation. With a market capitalization of $770 million, the token is priced at $3,123.57. This surge coincides with increased global demand for safe-haven assets, reflecting investor interest in gold as a store of value.