Tether Expands into Trade Finance with $1.5 Billion Credit Line

Tether is entering the world of trade finance, leveraging its vast reserves to support commodity transactions using US dollars and USDT. The company has secured a credit line of $1.5 billion to fuel this expansion, signifying a shift away from a solely stablecoin-focused platform. This move aims to integrate digital assets with traditional financial operations in the trade finance sector, potentially changing market dynamics and creating new opportunities for stablecoins like USDT.