Big news in the world of cryptocurrency! The US government is thinking about using stablecoins (like digital dollars that stick to the value of a real dollar) to keep the US dollar strong. This might actually be good for Bitcoin!
- The US might use Bitcoin in its reserves, meaning they'll hold some Bitcoin like they hold gold.
- A big company that makes stablecoins, Tether, is investing in Bitcoin, boosting its value.
- There's a lot of talk about new laws to make things clearer for crypto in the US.
Fact | Number |
---|---|
Tether's profit from Bitcoin in 2024 | $5 billion |
Tether's total profit in 2024 | $13 billion |
Tether's Bitcoin holdings | Over $6.8 billion |