Tether makes a bold move again, the TradeFi platform makes a stunning debut, breathing new life into global trade! 🌍
Recently, Tether CEO Paolo Ardoino announced the launch of an innovative platform—TradeFi, aimed at reshaping the global trade landscape by reducing costs and improving financing efficiency. 🌍 TradeFi will rely on USDT for settlements, enabling seamless transactions of commodities such as crude oil and copper, injecting new vitality into international trade.
Previously, Tether provided financing support in a $45 million oil transaction, and now the company is expanding its strategic footprint, committed to supporting the development of more industries. 📢 The emergence of TradeFi will undoubtedly bring a revolutionary change to global trade.
So, can TradeFi reshape global trade? Let’s wait and see. The following four highlights may reveal the answer:
1. Optimize trade processes and improve transaction efficiency;
2. Reduce financing costs and help companies grow rapidly;
3. Break geographical barriers and achieve global trade integration;
4. Innovate financial services and promote industrial upgrading.
At the same time, the U.S. Securities and Exchange Commission (SEC) has delivered significant news, officially accepting 21Shares' application for the spot Ethereum ETF staking proposal. 🌍 This groundbreaking move lays the foundation for integrating staking services into U.S.-listed cryptocurrency ETFs, allowing investors holding ETH in the ETF to potentially earn additional rewards.
The birth of TradeFi and the actions of the U.S. SEC undoubtedly inject new vitality into global trade and the cryptocurrency market. Driven by the wave of innovation, we have reason to believe that global trade will usher in new development opportunities, while the cryptocurrency market will further integrate into the real economy, contributing to the development of both our country and the global economy. 🌟