Tether (USDT) Allocations 7.7 Trillion Rupiah for Bitcoin Mining
USDT stablecoin issuer, Tether, plans to spend 500 million USD or around 7.7 trillion rupiah in the next six months for Bitcoin mining operations, according to a report from Bloomberg. This decision was supported by Tether's strong financial condition, with a cash surplus of around US$3.2 billion according to its third-quarter report.