The post BTC, USDT And Tradecurve: A Match Made In Heaven? appeared 1st on Coinpedia Fintech News
Tether (USDT) adds more Bitcoin to their large reserves, strengthening credibility in the cryptocurrency world’s largest stablecoin. Tradecurve allows investors to strengthen their own reserves and financing strategy, by allowing people to invest in a wide range of financial derivatives including Bitcoin (BTC), via their hybrid decentralized trading platform.
Tether (USDT) buys more Bitcoin (BTC) to strengthen its reserves
Tether (USDT) International LTD, the company behind USDT, just revealed news about their financing strategy, after criticism from a previous SEC member.
As of March 2023, they already had around $1.5 Billion in Bitcoin sitting in their reserves. In contrast to other investors who let someone else hold their Bitcoin, Tether (USDT) is concerned about the often repeated cryptocurrency maxim “Not your keys, not your Bitcoin,” so they’ve got the private keys for all their BTC.
They hope to keep buying Bitcoin (BTC) every 30 days, using about 15 percent of their profits. Tether (USDT) is only going to use actual money from its financing strategy, ignoring any unrealized profits from price increases. Basically, they’re focusing on the actual profits they make from buying low and selling high or getting their fiat back when an financing matures (like with United States treasury bills).
Tether’s (USDT) got a conservative and smart approach to investments. They want to strengthen, expand, and diversify their reserves. And by going all-in on Bitcoin, they’re not only aiming to boost their portfolio’s performance but likewise showing their faith in the stalwart of crypto.
Tether (USDT) is not stopping there. They’re throwing in some of their cash for smaller investments, focusing on building communication using technologies like Holepunch and likewise getting into the energy and Bitcoin (BTC) mining infrastructure industry.
Tradecurve allows anyone to trade with Bitcoin and USDT
Tradecurve is likewise out to offer more transparency and safety to cryptocurrency users by offering an on-chain trading platform. In contrast to CEXes such as the now disgraced FTX Trading Ltd, Tradecurve’s DeFi-based platform will offer a much better level of clarity as to where their funds are stored, what the fee structures are and more. They likewise intend to reveal Proof of Reserves, once they go live, as they are as of now in presale.
Tradecurve allows you to trade things like commodities such as gold, stocks and shares, forex, alternatives, indices, cryptocurrency and ETFs, meaning that like Tether (USDT), blockchain tech users will have a truly diverse way to allocate their portfolio.
KYC is not required and so those who cannot normally trade these things owing to country-specific regulations, have new freedom.
TCRV is the native crypto token of Tradecurve and is expected to be 50x during the presale and 100x after launch on Uniswap and numerous tier 1 exchanges. USDT is one of the best ways to buy into the platform, which is according to the Ethereum (ETH) blockchain. You can use Ethereum-based ERC-20 Tether (USDT) or the Tron-based version – TRC-20. Bitcoin, Ethereum (ETH), Ripple, Dogecoin (DOGE) and BNB are other currencies that are accepted as well.
Bitcoin (BTC) and USDT are two of the currencies that will be allowed as collateral, enabling traders to get leverage prices of 500:1 and more. TCRV is changing hands for $0.012 as of now, as it is near the start of the presale.
For more information about TCRV presale tokens:
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