Tether Trade Finance has completed financing for its first Middle Eastern crude oil transaction

CoinVoice has recently learned that, according to the latest official information, the stablecoin issuer Tether's investment division Tether Trade Finance has completed the financing of its first Middle Eastern crude oil transaction.

It is reported that the transaction will be completed in October 2024, aimed at facilitating the loading and transportation of 670,000 barrels of Middle Eastern crude oil, valued at approximately 45 million USD. [Original link]