Tether Expands Investment Strategy Beyond Crypto Amid Regulatory Pressures

Tether Expands Investment Strategy Beyond Crypto Amid Regulatory Pressures

As it continues to accumulate substantial financial reserves, Tether, the $140 billion stablecoin issuer, is speeding up its investment development outside of the cryptocurrency space. Tether is using its financial strength to diversify its portfolio and currently has $7 billion in excess reserves, according to a Bloomberg story that cited people with knowledge of the situation. According to a person close to the company, Tether's investing s...

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