Morgan Stanley has engaged in discussions regarding the adoption of USDT on the Bitcoin network with its team in Washington, according to a social media post by Paolo Ardoino. USDT, Tether’s most widely-used stablecoin, is currently the largest in circulation and significantly influences crypto settlement. These discussions suggest a potential shift towards utilizing Bitcoin’s infrastructure for USDT, which could align with Morgan Stanley’s expanding interest in digital assets. This integration could impact Bitcoin’s market dynamics.
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