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CoinGape

Tether Looks To Expand Its Offerings With This New Service

CoinGape
Summary
Nutrition label

75% Informative

Tether Holdings Ltd has reportedly held talks with several commodity trading firms about possible US dollar lending.

The company behind the stablecoin USDT is considering lending to commodities traders in its quest for ways to deploy its significant profit.

This could upend a market reliant since time immemorial on credit provided by legacy banks.

Smaller commodity traders often depend on credit lines to fund the global transportation of oil, metals, and food.

VR Score

65

Informative language

59

Neutral language

41

Article tone

formal

Language

English

Language complexity

70

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Affiliate links

no affiliate links