Tether’s Strategic Shift Towards Bitcoin, Gold, and Stablecoin Salaries
Tether’s recent investments in Bitcoin and gold are more than just financial moves; they could signify a new chapter for digital assets, especially stablecoins. There’s a lot of speculation about whether they sold off their crypto holdings, but the truth seems different. Tether’s asset management strategy is being laid bare, and it could change the way companies and employees use cryptocurrency.
The True State of Tether’s Bitcoin Holdings
Rumor had it that Tether sold a chunk of Bitcoin to jump into gold. Tether’s CEO, Paolo Ardoino, quashed that rumor, explaining that no Bitcoin was sold. The supposed drop in Bitcoin holdings isn’t what it seems either. The company repurposed assets to affiliated projects, which is why the overall…
