Deltec, the offshore bank of which tether is a customer, buy a large number of bitcoin for customers, according to an executive who talks about investing in a video on jan.13.
hugo Rogers, head of staff of Deltec, Said in a 2020 assessment that Deltec of holdings includes a "large location in Bitcoin"
while not disclosing specific amounts, rogers says banks have bought Bitcoin at $9,300 for customers in 2020 and that it is expected to do well in 2021" Like the hot crisis liquidity, "referring to the policy currency set by governments
deltec is known to keep the tether of the reserve cash that returns to the large tether of circulation provides only over $24 billion in usdt
it is not clear the customers are, As Deltec serves a variety of entities in space crypto, including the right-to-exchange xuất dollar derivative to continue to be a subject of debate in crypto-communities; meanwhile, The New York lawyers in general of the office are continuing to investigate Bitfinex and Tether of finances
bitfinex CTO Paolo Ardoino has tried to mark the interested investor, shoot to Twitter to say that we SEC will not target tether.
