Tether Adds $700 Million to Bitcoin Reserves, Drawing Attention! 🚀 CEO Paolo Ardoino addressed concerns about the status of USDT in Europe following the MiCA regulations. Tether transferred 7,629 BTC from Bitfinex, bringing its total to 83,758 BTC. The strategy aims to diversify its portfolio and create new sources of income.

The uncertainty brought by MiCA has increased fears that USDT could be delisted from European exchanges. This led to a $3 billion drop in the stablecoin’s market value. Ardoino, on social media, calmed the community against the FUD and emphasized that USDT is safe. 📈