Tether has entered the commodity trade finance sector, deploying $1.5 billion in credit to support this new venture. CEO Paolo Ardoino announced the company's ambitious plans to significantly expand its presence in this market. This move marks a strategic diversification for Tether, traditionally known for its stablecoin operations, as it seeks to leverage its financial resources in broader economic sectors.
Tether Expands into Commodity Trade Finance with $1.5B Credit Deployment
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