Bitcoin’s Tether may enter Bitcoin mining, AI and education #bitcoin #bitcoin #blockchain #Ethereum #cryptocurrency #virtual currency #currency circle #stock market

Hello everyone, this is Fengkou Finance, with insights into the veins of wealth, you will come back after all your money is gone. Today I’d like to talk to you about Tether’s plans to enter Bitcoin mining, AI and education.
During the period when FTX and other industry giants failed, much of the cryptocurrency market experienced a severe collapse. However, in this storm, Tether has shown a unique and vigorous development trend. The market value of its stablecoin USDT has soared to $111 billion, three times that of USDC issued by Boston-based company Circle. Thanks to the higher interest rates on U.S. Treasury bonds, which make up the majority of Tether’s digital stablecoin reserves, Tether is in an enviable position as its cost of funding is effectively free. Unlike traditional banks, customers who deposit Tether in exchange for tokens will not earn interest.