USDT Issuer Tether Will Allocate Up to 15% of its Profits into Bitcoin
Tether has announced that it will invest up to 15% of its profits into Bitcoin.
Tether has announced that it will invest up to 15% of its profits into Bitcoin.
The number of transactions with Binance USD (BUSD) has dropped to its lowest level since mid-2021, as observed by Glassnode.
Xapo Bank has partnered with financial technology company Circle to introduce USD Coin (USDC) payment rails as an alternative to SWIFT.
US Senator Ted Cruz has proposed a bill to prevent the US Federal Reserve from issuing a digital version of the dollar.
Circle, a co-issuer of USDC, has applied for licenses as a digital asset service provider and electronic money institution in France, in line with their plans to expand in Europe.
Binance has announced its intention to convert $1 billion of its Industry Recovery Initiative fund assets into Bitcoin, Ether and BNB.
The market supply of Binance USD (BUSD) has dropped below $10 billion for the first time since June 2021.
"A purely peer-to-peer version of electronic cash would allow online
payments to be sent directly from one party to another without going through a
financial institution." - Satoshi Nakamoto (Bitcoin White Paper)
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