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Tether wants to buy $222 million worth of Bitcoin to support stablecoin USDT

Tether wants to buy $222 million worth of Bitcoin to support stablecoin USDT

Tether, the company behind the largest stablecoin USDT, has announced that it will invest 15 percent of its profits in bitcoin. This is intended to further diversify the reserves deposited to cover USDT.

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