Tether CEO: Tether's bulk commodity liquidity pool could reach 5 billion US dollars by 2026

According to reports, after recently venturing into commodity lending, Tether CEO Paolo Ardoino stated that the liquidity pool reserved by Tether Investments for raw material trade financing could grow to between $3 billion and $5 billion by 2026. In an interview this week, he revealed that Tether Investments plans to provide capital loans to commodity brokers and earn interest from temporary financing. Ardoino said, "This is a way to provide partner liquidity for an industry that is always thirsty for liquidity," adding that Tether Investments has already started cooperating with some of the largest commodity traders in the industry. For privacy reasons, this Tether executive refused to disclose any names of trading companies.

When asked about Tether's interest in commodities, Ardoino stated that it makes sense to facilitate transactions because USDT is particularly popular among users in emerging markets and developing countries where commodity sales are a major driver of the economy. He also expressed particular interest on behalf of Tether in helping finance oil, natural gas and gold trades.