2024-11-9 19:00 |
Tether, issuer of world's largest stablecoin USDT, shares details of its first-ever Middle Eastern crude oil transaction origin »
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Tether has finalized its first funding transaction in a Middle East crude oil investment, expanding the crypto company’s ventures beyond its flagship digital assets product. The investment involves a major publicly traded oil company and a leading commodity trader, aiming…
2024-11-9 18:55 | |
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Tether's division used USDT for a $45M crude oil trade, marking a key move in the $10T trade finance market expansion. The post Tether’s investment division finances $45M crude oil trade in Middle East with USDT appeared first on Crypto Briefing.
2024-11-8 17:42 | |
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Venezuela’s state-run oil company, PDVSA, has been hit with a harsh response from Tether, the issuer of the USDT stablecoin. Amidst efforts to bypass oil sanctions imposed by the United States, PDVSA reportedly turned to crypto, particularly USDT, to facilitate its crude oil and fuel exports.
2024-4-24 21:28 | |
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Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether…
2024-4-23 11:43 | |
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