1/
"Tether $USDT And What It Can Change In Upcoming Months"
A - Hedge funds and market bets against $USDT
B - Tether burns more USDT
C - Why you should convert $USDT to $USDC
🧵🧵🧵👇
1/
"Tether $USDT And What It Can Change In Upcoming Months"
A - Hedge funds and market bets against $USDT
B - Tether burns more USDT
C - Why you should convert $USDT to $USDC
🧵🧵🧵👇
1/
"Tether $USDT And What It Can Change In Upcoming Months"
A - Hedge funds and market bets against $USDT
B - Tether burns more USDT
C - Why you should convert $USDT to $USDC
🧵🧵🧵👇
10/❗️❗️
In short summary: 75.6% of Circle’s reserves were held in U.S. Treasuries and 24.4% were held in cash at regulated financial institutions.
Circle will made net profit at more than 300 millions dollars in holding short term treasuries. It looks good and stable to hold.