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Tether Expands Its Portfolio with Minority Stake in Juventus Football Club
In a striking move that merges the worlds of cryptocurrency and sports, Tether, the prominent stablecoin issuer, has announced its acquisition of a minority stake in the renowned Italian football club, Juventus. This development not only highlights Tether’s ambition to solidify its presence in traditional industries but also reflects the growing intersection between digital finance and sports entertainment.
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Fed's Waller Advocates for Stablecoins as a Pillar of Dollar's Reserve Status
In a significant development for the future of monetary policy and cryptocurrencies, Federal Reserve Governor Christopher Waller has expressed a strong endorsement for the potential role of stablecoins in upholding the US dollar's position as the world's primary reserve currency. Speaking at a recent conference, Waller outlined his perspective on how stablecoins could not only complement traditional financial systems but also reinforce the dollar's supremacy in global markets.
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