Tether Just Did What Bitcoin Never Could — Become The World's Shadow Central Bank

Bitcoin (CRYPTO: BTC BTC - $104775.700 wanted to upend the financial system; Tether (CRYPTO: USDT) quietly built one of its own. With more than $135 billion parked in U.S. Treasuries — more than South Korea — and $10 billion in profits this year alone, the world's biggest stablecoin issuer has become something the crypto world never intended to create: a central bank in all but name.

Source: benzinga.com

Related symbols: BTCUSD

2025-11-03 19:13:05 GMT.

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Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,946,387. The last known price of Bitcoin is 101,787.03911788 USD and is down -0.59 over the last 24 hours. It is currently trading on 12470 active market(s) with $47,396,758,339.75 traded over the last 24 hours. More information can be found at https://bitcoin.org/.