Tether’s reported bank partner Capital Union shares its crypto strategy

Cointelegraph

Published Jun 01, 2022 06:50AM ET

Updated Jun 01, 2022 08:40AM ET

Capital Union, a Bahamas-based bank that reportedly holds a portion of reserves by the Tether (USDT) stablecoin issuer, has been itself actively involved in the cryptocurrency industry.

The banking institution has rolled out crypto trading and custody services to its professional clients as part of the bank's trading desk, a spokesperson for Capital Union told Cointelegraph on May 31.

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