Tether accelerates commodity lending business and provides cash and USDT credit support

According to Foresight News, according to Cointelegraph, Tether Holdings SA has deployed approximately US$1.5 billion in credit lines to the field of commodity trade financing, covering cash and its USDT, and plans to "significantly expand" this business.

The company stated that it will use its nearly US$200 billion in asset reserves to provide loans in the form of US dollars and its stable currency USDT, covering commodity transactions such as oil, cotton, and wheat. This action is regarded as Tether's strategic transformation from a single stablecoin issuer to a comprehensive "digital asset + trade finance" platform, which may promote the further integration of stablecoins and traditional physical assets.

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