Tether is sitting on $4.8 billion in U.S. stock positions across 13 publicly traded companies. Its top three holdings account for about 76%, and Twenty One Capital has fallen about 53% since going public. Even the giant behind $USDT is shifting money into traditional assets.
$BNB has been trading sideways around $670 today. The line between crypto and U.S. stocks was blurred long ago by big-money investors like these.
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