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The Daily Hodl 2024-11-08 23:01:06

Tether’s Investment Arm Announces Completion of Funding for Middle Eastern Crude Oil Trade

Tether’s Investment division is announcing the financing of a $45 million physical crude oil transaction between a major oil company and a commodity trader. In a new announcement, the USDT-stablecoin issuer says that this transaction is Tether Investments’ first crude oil transaction in the Middle Eastern region, marking Tether’s expanding role in global commodities trading. The post Tether’s Investment Arm Announces Completion of Funding for Middle Eastern Crude Oil Trade appeared first on The Daily Hodl .

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