Tether’s investment division finances $45M crude oil trade in Middle East with USDT
Tether's division used USDT for a $45M crude oil trade, marking a key move in the $10T trade finance market expansion.
Tether Advances Into Crude Oil Market With $45 Million Deal in USDT
Tether completed its first crude oil transaction in the Middle East, marking its entry into the commodities market.
Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal
The USDT issuer is expanding in trade finance, seeking to carve out a niche in the $10 trillion ecosystem. Sign up for Crypto Long & Short, our weekly newsletter featuring insights, news and analysis for the professional investor.
Tether Completes First USDT-Based Crude Oil Transaction in Middle East
Tether has completed its first USDT-backed crude oil transaction in the Middle East, valued at $45 million, marking a significant expansion into commodities trading. USDT Stablecoin issuer Tether said on November 8 that it completed funding its first crude oil transaction in the Middle East.
Tether Supports $45M Crude Oil Trade With USDT Payments
Tether breaks ground in Middle Eastern oil trade with a $45M USDT-backed transaction, boosting digital finance and UAE’s economic growth.
Tether Funds First Oil Trade for Major Producer in Middle East
Stablecoin issuer Tether said it completed the funding of its first crude oil transaction in the Middle East as part of a plan to become a lender in commodities trading.
Tether Ventures into Middle Eastern Oil Market with $45M Crude Shipment, Signaling Fintech Power Shift
Tether, issuer of the USDT stablecoin, has financed its first major crude oil transaction in the Middle East, moving 670,000 barrels valued at $45 million. This marks a significant entry into commodities for
Tether makes its first oil trade in Middle East
Tether has made the funding for the first time for crude oil transactions in the Middle East. This action is part of stablecoin’s issuer’s bigger plan to expand its business in the world of commodity trading.
Four foreigners arrested over 8 million baht crypto heist in Phuket
BANGKOK: Phuket police have arrested four foreigners – two Ukrainians, one Armenian and a Russian – for allegedly robbing a Ukrainian tourist of 8.5 million baht in Tether (USDT) cryptocurrency.
The Daily Hodl6d
Police Syndicate Accused of Extorting 10,000,000 USDT From Man Using Fake Search Warrant: Report
Thai law enforcement has reportedly arrested seven police officers and one civilian accused of staging a false arrest that ...
financefeeds2d
Tether dives into $10T trade finance sector with major oil transaction
The step is part of the USDT issuer’s broader plan to diversify beyond its profitable stablecoin operations. The ...
Tether swaps more than 2 billion USDT to the Ethereum network
Stablecoin issuer Tether announced it was conducting a large cross-chain swap of more than 2 billion Tether-USD (USDT) from ...
Cryptopolitan on MSN12h
Solana joins the exclusive $100 billion club
Solana has joined the few numbers of digital asset whose market capitalization has exceeded the $100 billion mark following ...
coinspeaker2d
Upbit Launches DRIFT Token Trading, Offering Pairs with KRW, BTC, and USDT
Upbit announced trading support for DRIFT on its platform, letting users trade the token against the Korean Won, Bitcoin, and ...
Bitcoin’s rise to $81,000 may trigger rally in ETH, SOL, SUI, AAVE
Bitcoin’s strong weekend rally to $81,000 could add more fuel to the current price action in ETH, SOL, SUI, and AAVE.
Cryptopolitan on MSN5d
Tether’s USDT was the most active token on Toncoin in October
Tether (USDT) transfers have emerged as the leading source of activity on Toncoin. After a brief airdrop period, the network has returned to its usual pattern ...