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Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits
source:
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
2023. May. 17. 12:00
The company, which issues the $82 billion USDT stablecoin, reported $1.48 billion of net profits in 2023 Q1 and revealed $1.5 billion in BTC holdings.
Keywords
Finance
news
Stablecoin
USDT
Tether
Bitcoin
btc
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