Tether, issuer of the USDT stablecoin, has financed its first major crude oil transaction in the Middle East, moving 670,000 ...

The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem. Sign up for Crypto ...

Tether CEO Paolo Ardoino highlighted the efficiency and speed that USDT brings to these markets, contrasting it with the ...

Tether's division used USDT for a $45M crude oil trade, marking a key move in the $10T trade finance market expansion.

To this end, Tron [TRX] has emerged as a top chain for low-cost USDT transfers (nearly $60B), surpassing Ethereum. However, ...

Tether's Investment division is announcing the financing of a $45 million physical crude oil transaction between a major oil company and a commodity trader.

Stablecoin issuer Tether said it completed the funding of its first crude oil transaction in the Middle East as part of a ...

Tether breaks ground in Middle Eastern oil trade with a $45M USDT-backed transaction, boosting digital finance and UAE’s ...

Tether has made the funding for the first time for crude oil transactions in the Middle East. This action is part of ...

Tether has entered the global commodities market by financing a $45 million crude oil transaction in October 2024.

"There is no indication that Tether is under investigation," Tether CEO Paolo Ardoino said on X. A spokesperson for the U.S. attorney's office declined to comment. The Treasury Department has been ...