Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

Stablecoin Giant Tether Enters Oil Trade by Financing $45M Middle Eastern Crude Deal

“This transaction marks the beginning, as we look to support a broader range of commodities and industries,” Tether CEO Paolo Ardoino said in a statement. “With USDT, we’re bringing efficiency and speed to markets that have historically relied on slower, more costly payment structures.”