Notes 3/17: Bitcoin in Tether’s Reserves
Tether is Bitcoin’s new savior. The crypto world’s biggest stablecoin plans to increase bitcoin holdings in its reserves by investing 15% of its future profits into bitcoin. According to its latest attestation report, Tether had $1.5 billion worth of bitcoin on its books. The firm said it will use “realized profits”, or profits accruing to… Read More Notes 3/17: Bitcoin in Tether’s Reserves