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📰 【Tether adds $70 million worth of Bitcoin to its reserve fund, pushing its holdings past 97,000 BTC】
USDT is once again using a printing press to buy $BTC , and a holding of 97,000 coins is enough to make every hedge fund blush. Stablecoin issuers are shouting “fully backed” while piling up their balance sheets into Bitcoin mining farms—this kind of operation is even more surreal than the Federal Reserve’s balance sheet. True decentralization believers should stay alert—when the biggest centralized stablecoin becomes one of Bitcoin’s biggest whales, who is actually controlling this market?
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