Tether Invests in Commodity Trade Finance with $1.5 Billion Credit Line

Tether is expanding its operations beyond stablecoin issuance, venturing into commodity trade finance. The company has committed $1.5 billion in credit lines backed by its USDT stablecoin to facilitate oil, cotton, and wheat trades. This move marks a strategic shift for Tether, blending stablecoin infrastructure with real-world commodities. The initiative is led by CEO Paolo Ardoino, who previously focused on stablecoin issuance. This significant investment opens the door for USDT to play a crucial role in global commodity finance, potentially affecting both trade dynamics and stablecoin competition. ]