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‘Won’t let Tether die’ affirms CEO as STABLE Act gains ground

AMBCrypto LogoAMBCrypto1w ago

‘Won’t let Tether die’ affirms CEO as STABLE Act gains ground - AMBCrypto

Quick Summary:

If stablecoin rules tighten, could Bitcoin and gold reserves face an unexpected sell-off?

As the dominant player in the stablecoin market, Tether currently holds over $114 billion in short-term Treasury bills.

However, JPMorgan analysts suggest that regulatory changes could force the company to offload portions of its Bitcoin [BTC] and precious metals reserves to ensure compliance.

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‘Won’t let Tether die’ affirms CEO as STABLE Act gains ground - AMBCrypto (Picture 1)‘Won’t let Tether die’ affirms CEO as STABLE Act gains ground - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Ishika Kumari

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-16 @ 11:00:40 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 594 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 26191169

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 16 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "‘Won’t let Tether die’ affirms CEO as STABLE Act gains ground" has 594 words across 24 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "‘Won’t let Tether die’ affirms CEO as STABLE Act gains ground" was covered 1 weeks ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 16 news stories per day.

It's most recent story was published 8 hours ago.

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  • News ID: #26191169
  • URL: https://beamstart.com/news/wont-let-tether-die-affirms-17397039725697

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