Tether Confirms New Bank and Claims to Have $1.8 Billion in Cash

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Tether Confirms New Bank and Claims to Have $1.8 Billion in CashTether Ltd. has confirmed the identity of its new bank. The company behind the eponymous tether stablecoin (USDT) has historically been reluctant to disclose its banking arrangements, for fear they might be jeopardized. It has now issued a statement, however, confirming that it is banking with Deltec Bank & Trust Ltd. Also read: Digital Asset ATM […]

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