#iShares ( #Blackrock ) added 5,264 BTC ($248.67M) and 8 E | kaymyg on Binance Square

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#iShares  ( #Blackrock  ) added 5,264 BTC ($248.67M) and 8 ETFs added 6,431 $BTC ($303.8M) today.

#Grayscale  decreased 2,252 #BTC  ($106.4M). 

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A Wall Street Journal article discusses the #cryptocurrency @Tether USDT , which has become a major player in the global financial system, enabling a parallel economy beyond U.S. law enforcement's reach. #Tether operates as a digital dollar with a 1:1 peg to the U.S. dollar, and its daily transaction volume is massive, rivaling that of #visa . While it offers a financial lifeline in countries with hyperinflation like Argentina and Turkey, it also facilitates illicit activities such as money laundering, arms trading, and sanctions evasion in countries like Russia, Iran, and Venezuela. Despite regulatory concerns, Tether continues to thrive, generating immense profits and becoming a key tool for those circumventing traditional financial systems. #USDT。

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