Tether holds 83,700 bitcoins, accounting for 0.4% of the total bitcoin supply
ChainCatcher news, 21.co strategy analyst Tom Wan posted on social media that Tether holds 83,700 bitcoins (approximately $8 billion), accounting for 0.4% of the total bitcoin supply.
Previous news, JPMorgan analysts stated that to comply with the proposed stablecoin regulations in the United States, Tether may need to sell some non-compliant assets— including bitcoins, precious metals, corporate notes, and secured loans.
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