Tether Opens New Opportunities in Commodity Trading with USD Loans

Bittime - Tether, the issuer of the USDT stablecoin, continues to look for new opportunities to expand services. 

This time, Tether plans to enter the commodity trading market through providing USD loans. Read this article to find out more!

Tether Offers USD Loan

Tether is considering offering USD loans to commodity traders in order to optimize profits. Tether has contacted a number of commodity companies to discuss this.

This strategy could change a market that has been very dependent on credit from traditional banks. By offering direct loans in US dollars, Tether will provide a more flexible alternative for commodity traders.

Read Also: Tether Invests $102 Million in Agriculture Giant 

Tether: USD Loans for Commodity Trading

Commodities company, especially small companies, rely heavily on credit lines to finance global shipments of oil, metals, and food. 

However, with increasingly changing market conditions and increasingly tight credit, many of them are having difficulty obtaining sufficient funding. 

By comparison, large companies like Trafigura Group, which has $77 billion in credit from about 150 institutions, have an easier time getting funding.

For small commodity traders, USD loans from Tether could be a solution because they will provide faster access to funding without having to go through the strict regulations generally applied by traditional lenders. 

Stablecoin Stability

The development of stablecoins, such as USDT, is increasingly important in various financial sectors, including commodity trading. 

The increasing adoption of stablecoins on the TON Blockchain shows the crucial role of stablecoins in increasing liquidity and network usage.

In this case, the stability offered by stablecoins such as USDT has become an important tool for companies in sanctioned countries to continue conducting international transactions. 

Additionally, the use of stablecoins also helps traders avoid the volatility risks associated with fiat currencies such as the US dollar.

Tether Opportunities in USD Loans

The commodities trading industry is recovering from a difficult period characterized by significant price volatility, especially following Russia's invasion of Ukraine. 

Although this causes liquidity problems, many companies in this sector have managed to reap huge profits. 

The conflict also highlights the commodity sector's dependence on the US dollar, which makes it easier for the government to impose sanctions on natural resource exports.

Therefore, interest in unregulated financing methods and the use of stablecoins for trading transactions is increasing. 

Tether sees a huge opportunity in this trend and has created a dedicated team focused on developing USD lending opportunities.

Read Also: Tether Celebrates 10th Anniversary with Documentary Release 

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