Tether CEO Paolo Ardoino announced the launch of TradeFi, an initiative that aims to restructure international trade mechanisms by adopting innovative and efficient financing solutions.
* The platform aims to facilitate the trading of commodities, such as crude oil and copper, by using the USDT currency in settlement operations, reducing the complexities and costs associated with traditional transactions.
* This announcement comes after the company successfully financed a $45 million oil deal last November, confirming Tether’s seriousness in expanding its services to include various industrial sectors.
* TradeFi raises fundamental questions about the future of international trade, and the extent to which modern financial technologies can radically transform this vital sector.
Accordingly, we invite experts and specialists to analyze and evaluate this initiative, and contribute to the discussion about the potential impact of TradeFi on the global economy.
