Billions of Dollars To Flow Into Bitcoin As Tether Announces Up to 15% of Profits Will Go to BTC

Tether, the world’s biggest stablecoin issuer, says it will now direct as much as 15% of its profits into Bitcoin (BTC). In an official announcement, Tether, the firm behind USDT, says it will start plowing profits into Bitcoin, which it will self-custody, to further strengthen its reserves. “Starting this month, Tether will regularly allocate up The post Billions of Dollars To Flow Into Bitcoin As Tether Announces Up to 15% of Profits Will Go to BTC appeared first on The Daily Hodl .