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Tag: Crude Oil

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Tether Advances Into Crude Oil Market With $45 Million Deal in USDT

In Brief Stablecoin issuer Tether has completed its first crude oil transaction in the Middle East. The $45 million deal, involving 670,000 barrels of oil, was executed using USDT in October. Tether is also collaborating with regulators globally to halt USDT use for illicit activities. Tether, the issuer of the popular stablecoin USDT, announced the successful completion…
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