TETHER BEATS MOST ETFS IN BITCOIN INFLOWS WITH 27,700 BTC ADDED IN ONE YEAR
https://media.zenfs.com/en/cryptoslate_445/49797fd85ebbfb6e2b189db98843d0c0
✍️ Tether, a stablecoin issuer, has accumulated over 27,700 BTC in the last 12 months, with a significant portion allocated to its reserves backing USDT and a digital asset treasury fund.
👉 Tether has accumulated over 27,700 BTC in the last 12 months 👉 15% of quarterly profits are allocated to Bitcoin 👉 Tether's reserves backing USDT hold around 7,900 BTC 👉 An additional 19,800 BTC are allocated to a digital asset treasury fund 👉 Tether's holdings now total 100,521 BTC, valued at roughly $11.36 billion
-- #PaoloArdoino #CliveThompson #technology
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