🏦 Crypto firm Tether says it has $1.8 billion in Bahamian bank

Tether ($USDT), the company behind the eponymous stablecoin, said it has a bank account with Bahamas-based Deltec Bank & Trust Ltd. It attached a letter attributed to Deltec saying that the crypto company had $1.8 billion in the account as of Oct. 31.

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