According to Mars Finance, Tether Holdings SA announced that it has deployed a credit line of approximately $1.5 billion in the commodity trade financing sector and plans to “significantly expand” this business. The company stated that it will utilize its asset reserves of nearly $200 billion to provide loans in the form of US dollars and its stablecoin USDT, covering commodity trading such as oil, cotton, and wheat. This move is seen as Tether's strategic transformation from a single stablecoin issuer to a comprehensive platform for “digital assets + trade financing,” which may promote further integration of stablecoins with traditional physical assets.
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Tether: So far, it has invested $1.5 billion to expand commodity trade financing and explore a new model of stablecoin + physical assets.
According to Mars Finance, Tether Holdings SA announced that it has deployed a credit line of approximately $1.5 billion in the commodity trade financing sector and plans to “significantly expand” this business. The company stated that it will utilize its asset reserves of nearly $200 billion to provide loans in the form of US dollars and its stablecoin USDT, covering commodity trading such as oil, cotton, and wheat. This move is seen as Tether's strategic transformation from a single stablecoin issuer to a comprehensive platform for “digital assets + trade financing,” which may promote further integration of stablecoins with traditional physical assets.