Tether Ups Bitcoin Bet With BTC Mining In Uruguay
Summary: Tether plans to tap into Uruguay’s renewable energy ecosystem and mine Bitcoin (BTC), crypto’s largest token by market cap. The digital payment company is looking to diversify its operations after solidifying USDT’s position as the top stablecoin with an 83 billion token supply. Tether recently started buying Bitcoin with 15% of net realized profits and holds over $1.5 billion in BTC…
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