Tether just dumped another $800M into Bitcoin

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Tether just dumped another $800M into Bitcoin from their T-Bill profits

they’re literally turning T-Bill interest into Bitcoin. surely this won't backfire on the peg? right?
#cryptocurrency

Tether Adds $800M in Bitcoin Holdings as T‑Bill Yields Feed BTC Demand

Tether added about $800 million in bitcoin, extending a profit-funded strategy that turns USDT’s Treasury-bill income into direct BTC exposure. Here’s what is known, what was not disclosed, and what to watch next.

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	5,000 mlx total
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Tether just dumped another $800M into Bitcoin from their…

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