TechFlow news, October 14 — According to Bloomberg, Tether Holdings Ltd, the issuer of the stablecoin USDT, is exploring the possibility of providing loans to commodities trading firms. The move aims to identify new investment channels for its billions of dollars in profits and could significantly impact the commodities trading industry, which traditionally relies on bank credit.
Insiders revealed that Tether has discussed dollar loan opportunities with several commodities trading companies. The proposal is particularly attractive to traders because Tether’s funds are not subject to the same stringent regulatory requirements as traditional lending institutions.
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