Tether’s Trade Finance Arm Facilitates $45 Million Crude Oil Deal

Quick Summary:

Tether has stepped into the global trade sector by financing a high-profile crude oil transaction in October 2024 through its investment division, marking Tether’s first transaction in the Middle East.

The deal included the loading and shipment of 670,000 barrels of crude oil, valued at roughly $45 million, between a publicly traded oil super-major and […]

The post Tether’s Trade Finance Arm Facilitates $45 Million Crude Oil Deal appeared first on Coin Edition.

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Article Details

Author / Journalist: Izabela Anna

Category: Crypto

Markets: India

Topics: News Market Tether (USDT) Market News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-09 @ 07:05:00 (6 days ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 119 words

Reading Time: 1 minutes read

Sentences: 46 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 23477854

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Official Website: coinedition.com

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