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Why Tether and its stablecoins are here to stay with over 100,000 Bitcoin and 7.7 tons of Gold

Tether’s Q1 attestation report reveals the stablecoin giant has shored up over 7.7 tons of physical Gold to back its issuance of XAU₮. Treasuries’ info shows that at the end of Q1, Tether held 100,521 Bitcoin tokens. Tether co-founder notes that USD-backed stablecoins currently dominate, other currencies could soon compete in the sector. Tether, a stablecoin giant and the seventh-largest holder of US Treasury bills, published its attestation report for the first quarter on Monday. The stablecoin firm noted the US Dollar’s (USD) dominance in the stablecoin sector and dropped the statistics on...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
Investing in Currencies

Arizona state approves first ever US Bitcoin reserve

Arizona state lawmakers have passed a bill allowing the state to invest up to 10% of public funds in digital assets, including Bitcoin.The legislation also establishes a Digital Assets Strategic Reserve Fund, utilizing seized crypto assets and future appropriations.The Senate bills 1025 and 1373 now await final confirmation from state Governor Katie Hobbs.The state of Arizona took a major step toward public Bitcoin adoption in the US as lawmakers passed two bills enabling direct investment of public funds in digital assets.Arizona lawmakers approve bills to Invest state assets in Bitcoin...
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