Tether pursues aggressive dealmaking as wealth is expanding

With $140 billion in stablecoins under its control and $7 billion in excess reserves, the crypto giant Tether is reportedly splashing cash on everything from AI to right-wing media. Flush with over $13 billion in profit from its US Treasury holdings, the company is on a mission to plant its flag beyond crypto and deepen […] source: https://www.cryptopolitan.com/tether-aggressive-dealmaking-wealth-expands/