Tether Holding, the operator of the largest stable coin, USDT, has announced its investment strategy. Accordingly, the company will allocate 15 percent of its net operating profit every month to buy Bitcoin.

Tether Holdings Ltd., the operator of the largest stablecoin, said it will regularly allocate 15 percent of its net operating profit to buying Bitcoin.
Tether said its new investment strategy will launch this month and does not expect current and future Bitcoin holdings in its reserves to exceed the shareholder capital buffer.
According to Tether's first-quarter certified assets, it held approximately $1.5 billion worth of Bitcoin in reserves backing the USDT token as of the end of March.
Tether's third-party-certified assets showed that of its total reserves of $81.8 billion, approximately 85 percent of the collateral backing USDT, or $69.3 billion, is held in cash and cash equivalents.
Stable coins act as digital currencies designed to maintain a one-to-one value with a less volatile asset such as the dollar, by maintaining large reserves often set aside as collateral.
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