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News from #USDT 💶 CEO Tether : We are simply exporters of the best product the US has ever created: the dollar. Paolo Ardoino gave an interview amid allegations of ties to the Donald Trump administration and possible influence on crypto regulation in the US. Key points: ✧ Tether = US dollar export ⊹ Tether is “an exporter of the best thing the US has ever created – the dollar.” ⊹ In countries with high inflation (Africa, Latin America, Türkiye) people prefer USDT to their national currencies. ✧ Domestic stablecoin for the US ⊹ The company is considering launching a new product - a stablecoin aimed at the American market and competing with PayPal and Cash App. ⊹ Potential launch: late 2025 – early 2026. ✧ Tether and Crime ⊹ Tether cooperates with the FBI, Secret Service and 230+ agencies in 50+ countries. ⊹ Monitoring tools are better than those of banks. ⊹ Example: freezing of assets on the Russian sanctions exchange Garantex together with the US Department of Justice. ✧ Connections with Howard Lutnick ⊹ Although Cantor Fitzgerald previously managed Tether's reserves, the company says it does not interact with Howard Lutnick (the current US Secretary of Commerce) due to conflicts of interest. ✧ Security and stability ⊹ USDT is more than 100% backed. ⊹ Reserves contain approximately $120,000,000,000 in US Treasury bonds. ⊹ In 2022, USDT was bought back for $7,000,000,000 in 48 hours - more than any bank in a similar situation. ✧ Tether = dollar protection from BRICS? ⊹The company considers its mission strategically important to maintain the influence of the dollar in countries where alternatives are actively promoted - especially by China. Previously: - the dollar is losing its monopoly - 7.7 tons of gold - Tether and 21 Capital - Tether and Cantor Fitzgerald
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Are you longing #BTC 🐂 Arthur Hayes : Bitcoin Will Rise to $1,000,000 by 2028 During his speech at the Token2049 conference in Dubai, Arthur Hayes confirmed his forecast for the crypto market: ⊹ The US is set to significantly increase dollar liquidity, which will contribute to the growth of crypto assets. ⊹ The economic situation is reminiscent of Q3 2022, when $2,500,000,000,000 was injected into the system through the repo program. ⊹ Despite the current instability associated with Donald Trump's trade tariffs, additional liquidity will still be provided - including through hedge funds buying up government debt. ⊹ If these conditions continue, Bitcoin could rise to $1,000,000 by 2028 ⊹ “Now is the time to go long on everything – both cryptocurrency and the stock market.”
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The collapse of the banking system... 🤔 Eric Trump : If traditional banks don't change, they'll be gone in ten years. ▫️The modern financial system is broken - it is slow, expensive and outdated. ▫️The SWIFT system is a “disaster”, all its functions can be implemented more efficiently on the blockchain. ▫️The US banking system only serves the super-rich, excluding ordinary Americans and MAGA supporters.
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Rat race for #BTC 🇺🇸 Bo Hines : There's a 'space race' between countries to accumulate Bitcoin. The US sees BTC as digital Gold. The government will find a way to buy the maximum amount of BTC for the strategic reserve within the framework of a budget- neutral strategy. Bo Hines is the executive director of the U.S. President's Council on Digital Assets.
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migrate to #ElSalvador 🇸🇻 El Salvador Continues to Buy Bitcoin Despite IMF Agreement. Economy Minister Maria Luisa confirmed that President Nayib Bukele remains committed to accumulating digital assets. Despite the terms of the $1,400,000,000 IMF deal , which calls for a reduction in BTC purchases, El Salvador continues to replenish its reserves. ⊹ Bitcoin remains a priority for the state ⊹ El Salvador National Bitcoin Office (ONBTC) Releases New Purchase Reports ⊹ Business has gained freedom - it decides for itself whether to use BTC or not Previously: - ban from the IMF - BTC cancellation #BTC
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