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Tether will expand lending to commodity companies to $5 billion, allowing the issuer to earn interest income by providing liquidity to a sector that is “always in it.”

№ 0504Published Updated 1 min read

🪙 Tether [expands] (https://www.theblock.co/post/328491/tethers-commodities-liquidity-pool-could-hit-5-billion-by-2026-says-ceo) lending commodities companies up to $5 billion will allow the USDT issuer to earn interest income by providing liquidity to a sector that “always in need of it.”.

CEO Paolo Ardoino said Tether Investments is already working with several of the largest commodity traders.

Earlier, Tether conducted the first deal to supply crude oil using the USDT stablecoin.

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Tether to expand lending to commodity companies to $5 billion | $uicideChain