The Stablecoin Development Corporation, a publicly-traded holding company, has completed a $134 million private placement backed by Tether. The funds will be used to acquire SKY tokens, adding to the corporation's existing treasury of approximately 2.15 billion SKY tokens.

The Stablecoin Development Corporation, a publicly-traded holding company, has completed a $134 million private placement backed by Tether. The funds will be used to acquire SKY tokens, adding to the corporation's existing treasury of approximately 2.15 billion SKY tokens.