Unveiling the Global Bitcoin Powerhouse: Tethers Groundbreaking Collaboration with the Govt of Georgia

By Lola Coin Jun 28, 202374Views

The initiative in Bitcoin aims to support both domestic and international startups, foster collaborations, and accelerate innovation. Tether claims it could earn more than BlackRock, the largest asset manager in the world, with projected earnings of $6 trillion compared to BlackRock’s $5.5 trillion. Tether made impressive redemptions of over $20 billion in just 20 days during the Black Swan events in 2022, a feat no other bank has achieved. Interestingly, Tether has been investing some profits in Bitcoin, which has positively impacted its price. Currently, BTC is trading at 30,372 within a narrow range.

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