Tether Expands into Commodity Trade Financing with $1.5 Billion Credit Lines

Tether Holdings SA has committed to expand its offerings in the commodity trade financing sector, deploying a substantial credit line of approximately $1.5 billion. The company plans to utilize its vast asset reserves, totaling nearly $200 billion, to provide loans in both U.S. dollars and its stablecoin, USDT, for commodities such as oil, cotton, and wheat. This strategic move positions Tether to integrate into the world of traditional physical assets, potentially bridging the gap between digital assets like stablecoins and established financial markets.