Tether's Liquidity Pool Projected To Reach Billions By 2026

According to Odaily, Tether's CEO Paolo Ardoino has projected significant growth for the company's liquidity pool, established for raw material financing transactions. By 2026, this pool is expected to expand to between $3 billion and $5 billion. This follows Tether's recent involvement in financing an oil transaction valued at approximately $45 million in October of this year. Tether Investments is strategically planning to extend financial loans to commodity brokers, aiming to generate interest income from these temporary financing arrangements. This initiative marks a significant step in Tether's expansion into the commodities financing sector, reflecting a broader trend of cryptocurrency firms diversifying their financial services. The move is anticipated to enhance Tether's role in the global financial ecosystem, leveraging its stablecoin's utility beyond traditional cryptocurrency transactions.