Tether Expands into Commodity Lending, Extends $1.5 Billion in Credit

TLDR Tether has extended $1.5 billion in credit to commodity traders, providing financing in both USDT and cash. The company plans to dramatically expand its presence in commodity lending, targeting agricultural products and oil. Tether’s Trade Finance unit focuses on short-term credit to facilitate global supply chains and commodity trades. Despite some reluctance from traders [...]

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