Did you know that Tether (USDT) now invests in Bitcoin and mining?
The most used stablecoin in the world not only backs its issuance with traditional assets, it also has BTC in its reserves!
And it doesn't stop there: it announced million-dollar investments in Bitcoin mining infrastructure in Latin America, focusing on Paraguay and Uruguay 🌎⚡
This demonstrates how the crypto ecosystem is closing the loop: stablecoins that invest in the same asset that provides stability to the system 🔁
Did you imagine that a stablecoin would dive so deeply into the crypto game?
Could this be a sign of greater institutional adoption?