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Paolo Ardoino: Tether commodity liquidity pool may reach $3-5 billion by 2026

2024-11-27 16:18

Odaily Planet Daily News: Paolo Ardoino, CEO of Tether, said that the liquidity pool set up by Tether Investment for raw material financing transactions may grow to 3-5 billion US dollars by 2026. Previously, in October this year, Tether had provided financing for oil transactions worth about 45 million US dollars . It is reported that Tether Investments plans to provide capital loans to commodity brokers and earn interest from temporary financing. (TheBlock)