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"In a continuation of Tether's public commitment towards openness, Tether disclosed that, by leveraging its robust risk management strategies, and its capacity to weather market volatility, quarterly returns from Cash and Cash Equivalent investments are once again at close to US $ 1 billion. Tether also disclosed the investments made in industry-related research fields for a total amount of over $ 800 million since the beginning of the year (almost US$ 670 million this quarter)."

https://tether.to/en/tether-q3-attestation-reveals-highest-percentage-of-cash-and-cash-equivalent-reserves-over-330m-reduction-in-secured-loans-and-maintains-726b-exposure-in-us-t-bills/

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Theory of Everything 2y ago

Basically a Costa Rican hedge fund owned by Brock Pierce. Some people come to bitcoin because they are excluded from central finance and some people just add it to their portfolio. Brock is the latter.

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