BREAKING: World’s largest stablecoin issuer Tether is in talks to raise up to $20 billion, according to Bloomberg 👀
They currently own over 100,000 #bitcoin on their balance sheet 🚀 
Discussion
My take - Tether must have low confidence in its own coin, as it owns ₿itcoin for security.
Actually I think in what Tether has really low confidence is in US Treasury notes 😅 I guess that's why they have Bitcoin as a backing asset.
100k bitcoin back on the menu bois.