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Billions of Dollars To Flow Into Bitcoin As Tether Announces Up to 15% of Profits Will Go to BTC
By Alex Richardson at 2026-05-07 19:17
Sentiment: Positive
Tether, the world’s biggest stablecoin issuer, says it will now direct as much as 15% of its profits into Bitcoin (BTC). In an official announcement, Tether, the firm behind USDT, says it will start plowing profits into Bitcoin, which it will self-custody, to further strengthen its reserves. “Starting this month, Tether will regularly allocate up […] The post Billions of Dollars To Flow Into Bitcoin As Tether Announces Up to 15% of Profits Will Go to BTC appeared first on The Daily Hodl. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #Technology #News #stablecoin #tether #usdt
Source The Daily Hodl