Tether’s $1 Billion Bitcoin Buy Triggers Market Bubble Concerns, CEO Warns
Tether, the issuer behind the main stablecoin, USDT, has made headlines by buying $1 billion value of Bitcoin—roughly 8,800 BTC—throughout the third quarter of this yr. While many traders have reacted positively to this vital funding, warning has emerged from trade consultants like Jacob King, CEO of SwanDesk, who warns that this transfer could contribute…
