The latest Tether news is that the company behind the leading stablecoin in the market USDT, is looking to allocate a portion of its profits towards the purchase of Bitcoin. The “investment strategy [is] aimed at further strengthening its reserves portfolio,” Tether said in a press release published on Wednesday. According to the announcement, the The post Tether to allocate 15% of its profits to purchase Bitcoin appeared first on Invezz .
