Tether surprises again! 🎉 The company replenished its reserves by $700 million in bitcoins, despite a wave of FUD surrounding USDT in Europe. CEO Paolo Ardoino assures that everything is under control and urges not to panic.

According to Arkham Intelligence data, 7,629 BTC were transferred from Bitfinex to Tether's corporate reserves. This is part of a strategy for diversification and creating new revenue streams. 💼

Meanwhile, MiCA raises concerns about the future of USDT in the EU, which led to a decrease in market capitalization. Ardoino assures that USDT is safe and attributes the rumors to attempts by competitors to take advantage of the situation.