Tether’s investment division finances $45M crude oil trade in Middle East with USDT
Tether's division used USDT for a $45M crude oil trade, marking a key move in the $10T trade finance market expansion.
Tether Advances Into Crude Oil Market With $45 Million Deal in USDT
Tether completed its first crude oil transaction in the Middle East, marking its entry into the commodities market.
Tether Completes First USDT-Based Crude Oil Transaction in Middle East
Tether has completed its first USDT-backed crude oil transaction in the Middle East, valued at $45 million, marking a significant expansion into commodities trading. USDT Stablecoin issuer Tether said on November 8 that it completed funding its first crude oil transaction in the Middle East.
Tether Supports $45M Crude Oil Trade With USDT Payments
Tether breaks ground in Middle Eastern oil trade with a $45M USDT-backed transaction, boosting digital finance and UAE’s economic growth.
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
Tether said its investment arm financed 670,000 barrels of Middle East crude oil worth $45 million.The issuer of the USDT stablecoin wants to
Tether Funds First Oil Trade for Major Producer in Middle East
Stablecoin issuer Tether said it completed the funding of its first crude oil transaction in the Middle East as part of a plan to become a lender in commodities trading.
Tether Ventures into Middle Eastern Oil Market with $45M Crude Shipment, Signaling Fintech Power Shift
Tether, issuer of the USDT stablecoin, has financed its first major crude oil transaction in the Middle East, moving 670,000 barrels valued at $45 million. This marks a significant entry into commodities for
Tether makes its first oil trade in Middle East
Tether has made the funding for the first time for crude oil transactions in the Middle East. This action is part of stablecoin’s issuer’s bigger plan to expand its business in the world of commodity trading.
Tether swaps more than 2 billion USDT to the Ethereum network
Stablecoin issuer Tether announced it was conducting a large cross-chain swap of more than 2 billion Tether-USD (USDT) from ...
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Tether dives into $10T trade finance sector with major oil transaction
The step is part of the USDT issuer’s broader plan to diversify beyond its profitable stablecoin operations. The ...
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Toncoin’s USDT holdings surpass $1B after 670% surge – Impact on TON’s Price
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Police Syndicate Accused of Extorting 10,000,000 USDT From Man Using Fake Search Warrant: Report
Thai law enforcement has reportedly arrested seven police officers and one civilian accused of staging a false arrest that ...
Bybit WSOT 2024 Final Showdown Livestream: Winners Took Home Grand Prizes, Insights from Top Traders, and 10,000 USDT in Airdrop
Bybit, the world's second-largest cryptocurrency exchange by trading volume, gathered some 14,000 fans and participants of ...
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Tether’s USDT was the most active token on Toncoin in October
Tether (USDT) transfers have emerged as the leading source of activity on Toncoin. After a brief airdrop period, the network has returned to its usual pattern ...
The Daily Hodl7d
Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report
The world's largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations.
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Upbit announced trading support for DRIFT on its platform, letting users trade the token against the Korean Won, Bitcoin, and ...
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Is USDT used for money laundering?
USDT, commonly known as Tether, is a cryptocurrency often probed for use in money laundering, especially in Asian and ...