Tether 소식

Tether, the parent company of USDT, is positioning itself to become a major player in the commodity trading market, signaling a strategic shift beyond its established role as a stablecoin issuer. In October, Tether announced its entry into commodities with a $45 million oil deal, involving the transportation of 670,000 barrels of crude oil from […] The post Beyond Stablecoins: Tether Ventures into Oil and AI to Diversify Revenue Streams appeared first on Today's Gazette.

Tether, the issuer of USDT, the world’s largest stablecoin, is exploring new ways to use its massive profits. And so the company is now looking into lending to commodity traders. This could seriously shake up the sector, which typically relies on banks for credit. Tether has already been having private talks with several companies that […]

Tether Holdings Ltd, the company behind the world’s largest stablecoin, USDT, is expanding its horizons by exploring lending opportunities in the commodities trading sector. According to a report for Bloomberg News by Archie Hunter and Olga Kharif, the firm has been in talks with several commodities trading companies, considering US dollar lending as a new avenue to […]

The USDT issuer needs ways to deploy billions of dollars in profits, and commodity traders could benefit from expanded credit.

Tether considers entering commodity trade finance, potentially offering an alternative to traditional credit sources. The post Tether explores lending billions to commodity traders to shake up traditional trade finance appeared first on Crypto Briefing.

Tether plans to start lending to commodity traders

Tether said the next ten years would be focused on solving big problems, such as regulatory clarity in the crypto space.

ENA, the native cryptocurrency of Ethereum-based DeFi project Ethena has witnessed a strong surge as the platform pitches a direct stablecoin competition with industry giant Tether. As a result, the ENA price has shot up by 25% moving to $0.35 with its market cap surging past $920 million. Also, the daily trading volume for ENA The post ENA Price Shoots 25% As Ethena Pitches Direct Competition to Tether appeared first on CoinGape.

Tether has achieved its first 10 years with a considerable jump in its user base, a closer relationship with US authorities and fresh regulatory challenges in Europe. 

Tether co-founder Phil G Potter donated almost half a million dollars towards the Commonwealth Unity Fund (CUF), which is meant to support John Deaton. This comes as the 57-year-old John Deaton, the Republican hopeful is looking at ousting the Democratic candidate Senator Elizabeth Warren in Massachusetts. Now, Potter’s donation of $496,000 is part of the […]