Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

“This transaction marks the beginning, as we look to support a broader range of commodities and industries,” Tether CEO Paolo Ardoino said in a statement. “With USDT, we’re bringing efficiency and speed to markets that have historically relied on slower, more costly payment structures.”

Original Source: https://www.coindesk.com/business/2024/11/08/stablecoin-giant-tether-enters-oil-trade-by-financing-45m-middle-eastern-crude-deal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines