Tether reduced its bank deposits from $5.3b to $481m in the Q1 | Insider leak of the day

Tether reduced its bank deposits from $5.3b to $481m in the Q1 to reduce its risk of bank failures. Tether also added gold and bitcoin to its asset reserves for the first time, accounting for 4% and 1.8% of its total reserves (about $3.2b and $1.45b) — link
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