Tether transfers 7,629 BTC ($700M) to its Bitcoin reserve, marking its largest addition since March 2024. With 82,983 BTC ($7.6B) now in reserves, Tether continues diversifying its holdings, allocating 15% of profits to Bitcoin. Despite MiCA regulatory challenges in the EU and competition from Ripple’s RLUSD and Circle’s USDC, Tether remains a stablecoin leader, backed by $102B in US Treasuries. 🚀 #Tether #Bitcoin #Stablecoins #Crypto #MiCA
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