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Tether’s Bahamas Banking Move: Selects Britannia Bank & Trust for Dollar Transfers

Tether’s Bahamas Banking Move: Selects Britannia Bank & Trust for Dollar Transfers
Tether has turned its focus to the Bahamas-based Britannia Bank & Trust for processing dollar transfers. This step occurs as the traditional US banks cut ties with the cryptocurrency entities. In the past, Tether has faced questions regarding the reserves that underline its stablecoin, USDT.Tether Taps Britannia for Offshore Connection According to the sources who spoke with Bloomberg on condition of anonymity, Tether instructed clients to send their funds to Britannia’s bank accounts in recent... Read More
Posted: Aug 30 2023, 07:49
Author Name: financemagnates
Views: 091915

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