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Tether Completes The First USDT Oil Transaction in Middle East Coincu 08 Nov 2024

Tether Completes The First USDT Oil Transaction in Middle East 🛢️

Middle East USDT Tether

Tether has successfully completed the first USDT oil transaction in the Middle East.

The company funded a $45 million crude oil shipment, marking a significant step in integrating digital currencies into large-scale trade transactions.

This transaction emphasizes Tether's growing influence and the innovative use of stablecoins in the global trade finance sector.

The move highlights Tether's capacity to streamline and modernize traditional financial processes by leveraging blockchain technology.

Source: coincu.com ↗

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