💥 Tether enters the oil market! 💥
Tether Investments has taken the first step in supplying crude oil for USDT, financing a deal worth $45 million. 🤯 670,000 barrels — all made possible with a stablecoin! 🛢️💸
This historic operation was executed in October in collaboration with a Middle Eastern oil company and a major trader, with Tether Trade Finance acting as an intermediary. Now, the speed and efficiency of blockchain payments are reaching commodity markets, where complex and costly banking processes previously slowed everything down. 🚀
"This deal is just the beginning!" — assures Tether CEO Paolo Ardoino, adding that this is a path toward inclusivity and innovation for global finance. 🌍✨
By the way, Tether plans to invest over $1 billion in startups and has already shown a profit of $2.5 billion for the third quarter of this year! 💹
They are clearly aiming for a major breakthrough! What do you think about such innovations in the world of crypto? Share your thoughts! 💬🔥
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