Tether is one of the top global buyers of short-term U.S. treasury bills, with holdings valued at $90.87 billion as of March 31, 2024.
Author: Ravi Kumar
Ravi Kumar
Ravi is Founder and Chief Content Officer of AlexaBlockchain. He writes about everything at the cross-section of blockchain, crypto, AI, markets, and the economy. Ravi can be reached at ravi@alexablockchain.com
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“What Visa, Mastercard and American Express have done for payments, M^0 wants to do to value distribution,” states Pantera Capital Managing Partner, Paul Veradittakit.
“We believe it has unique characteristics as a scarce and finite asset that can serve as a reasonable inflation hedge and safe haven amid global instability,” Semler mentioned in the filing.
“We are thrilled to team up with Polygon Labs and help provide Polygon CDK developers with onchain alternatives for their cloud infrastructure needs,” said Harrison Hines, CEO at Fleek.
Tether has invested $18.75 million in XREX Group, a fully regulated blockchain-powered financial institution. This investment is part of a broader strategy to enhance the use…