Tether (USDT) Made New Bitcoin (BTC) Purchase! Here is the Quantity…

The amount of Bitcoin (BTC) in Tether's wallets exceeded 75 thousand.

Tether (USDT), the leading stablecoin of the cryptocurrency industry indexed to the US dollar, continues to support the crypto market and Bitcoin (BTC). Tether, the most used stablecoin, is increasing its market value day by day.

A while ago, Tether CEO Paolo Ardoino shared that they would use some of the profits from USDT operations for BTC purchases.

USDT issuer Tether purchased 8,888 Bitcoins for $627 Million. Tether last purchased 8,888 BTC at $42,640 in December.”

With this latest purchase, the amount of BTC in Tether's wallets has increased to 75,354.

In the coming period, it is estimated that Tether will continue to purchase new BTC in January, April, July and October, as in the program it shared before.

Stay tuned for updates