2024

Stable Coin

Million

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>Tether’s entry into trade finance disrupts traditional global transaction systems.</strong></li> 
 <li><strong>USDT streamlines cross-border trade, offering faster, cost-effective payment solutions.</strong></li> 
 <li><strong>Tether expands trade finance to diverse sectors, enhancing global market inclusivity.</strong></li> 
</ul> 
<p>Tether has stepped into the global trade sector by financing a high-profile crude oil transaction in October 2024 through its investment division, marking Tether’s first transaction in the Middle East.</p> 
<p>The deal included the loading and shipment of 670,000 barrels of crude oil, valued at roughly $45 million, between a publicly traded oil super-major and a top-tier commodity trader.</p> 
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   <p lang="en" dir="ltr">Stable Coin Cross Border Trade Settlements: <a href="https://twitter.com/Tether_to?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">@Tether_to</a> Trade Finance Completes Funding of First Middle Eastern Crude Oil Transaction in <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a><br><br>Tether, the largest company in the digital asset industry today announced that its Investment division has financed a physical crude oil… <a href="https://t.co/UPPrTcZRDe" target="_blank" rel="nofollow">pic.twitter.com/UPPrTcZRDe</a></p>— MartyParty (@martypartymusic) <a href="https://twitter.com/martypartymusic/status/1854916963711303776?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">November 8, 2024</a>
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<h2 class="wp-block-heading" id="h-expanding-tether-s-role-in-global-trade-finance">Expanding Tether’s Role in Global Trade Finance</h2> 
<p><a href="https://tether.io/news/tether-trade-finance-completes-funding-of-first-middle-eastern-crude-oil-transaction/" target="_blank" rel="nofollow">Tether’s Trade Finance</a> was launched earlier this year to tap into the $10 trillion trade finance industry. <a href="https://coinedition.com/tether-ceo-us-crypto-regulations-are-coming-and-thats-good/?utm_source=telegram_channel&amp;utm_medium=referral">Tether’…</a></p>
<p>The post <a href="https://coinedition.com/tethers-trade-finance-arm-facilitates-45-million-crude-oil-deal/">Tether’s Trade Finance Arm Facilitates $45 Million Crude Oil Deal</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Tether’s Trade Finance Arm Facilitates $45 Million Crude Oil Deal

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