The trusted stablecoin manager, Tether, unveils a robust investment strategy to fortify reserves and enhance stability. This move reflects Tether’s commitment to strengthening its position as a leader in the stablecoin market. Tether has announced a new investment plan in which it will allocate up to 15% of its net realised operational profits to the purchase of Bitcoin (BTC) on a regular basis. Tether’s reserves will be strengthened and diversified as a result of this action. Tether will focus on using only realized profits from its investment strategy and not consider unrealized capital gains.
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