Maybe this is the first step to copy the success of Luna/UST
BTC backed algorithmic stablecoin🤡🔫
BREAKING: Tether (USDT) announces #Bitcoin purchase strategy, aims to strengthen reserves.
“Starting this month, Tether will regularly allocate up to 15% of its net realized operating profits towards purchasing #Bitcoin ($BTC).”: https://news.todayq.com/news/tether-usdt-announces-bitcoin-purchase-strategy-aims-to-strengthen-reserves/
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