Tether looking to diversify into commodities trading, other TradFi ventures

Tether Holdings, the issuer of the USDT stablecoin, is looking to expand beyond the crypto industry and explore new ventures in traditional finance (TradFi), including potentially lending to commodities trading firms, Bloomberg News reported on Oct. 14, citing CEO Paolo Ardoino. People familiar with the matter told Bloomberg News that Tether is already in discussions […] source: https://cryptoslate.com/tether-looking-to-diversify-into-commodities-trading-other-tradfi-ventures/