Why Tether Is Acting More Like A Central Bank Than A Stablecoin
Why Tether Is Acting More Like A Central Bank Than A Stablecoin Authored by Bradley Peak via CoinTelegraph.com, Tether operates a Treasury- and repo-heavy balance sheet, holding $181.2 billion in reserves against $174.5 billion in liabilities, leaving $6.8 billion in excess. High interest rates have turned those reserves into profit, generating more than $10 billion […]
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