[Tether Provides Approximately $1.5 Billion in Credit Support to Commodity Traders] Tether CEO Paolo Ardoino stated that Tether has provided approximately $1.5 billion in credit support to commodity traders, with financing offered in the form of cash and its USDt (USDT) stablecoin, which is pegged 1:1 to the US dollar. This lending business is part of Tether's recently launched Trade Finance unit, which primarily focuses on traditional commodity trading sectors such as agriculture and oil, providing traders with the necessary funding for procurement, transportation, and delivery of goods. Ardoino revealed that Tether plans to significantly expand its exposure in this sector.