Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content. Tether, the issuer of the popular stablecoin USDT has often come under suspicion from the crypto industry in the past.
In a recent report, they explain how they have changed their reserves, diversifying with Bitcoin. Tradecurve also looks to challenge and fix problems in the industry and financial markets, by offering a new and decentralized way to trade financial products. >>BUY TCRV TOKENS NOW<< In an ‘Attestation report’, Tether has revealed its intention to regularly purchase Bitcoin using its surplus profits.
The report by accounting firm BDO Italia, indicated that Tether earned $1.48 billion in profit during the first quarter of the year.
With its ‘excess of reserves’ doubling to $2.4 billion, Tether plans to accumulate bitcoin to strengthen its financial position.Read more on cryptonews.com