PANews reported on November 15th that, according to Bloomberg, Tether Holdings SA CEO Paolo Ardoino stated in an interview that the company plans to significantly expand its lending business after providing approximately $1.5 billion in credit to commodity traders. The company plans to increase financing for commodity trading, including oil, cotton, wheat, and other agricultural products, and has already issued loans in US dollars and their stablecoin USDT. Tether's commodity lending business is part of its trade finance division, separate from its stablecoin reserves. The company holds nearly $200 billion in reserves and generates substantial revenue from them.PANews reported on November 15th that, according to Bloomberg, Tether Holdings SA CEO Paolo Ardoino stated in an interview that the company plans to significantly expand its lending business after providing approximately $1.5 billion in credit to commodity traders. The company plans to increase financing for commodity trading, including oil, cotton, wheat, and other agricultural products, and has already issued loans in US dollars and their stablecoin USDT. Tether's commodity lending business is part of its trade finance division, separate from its stablecoin reserves. The company holds nearly $200 billion in reserves and generates substantial revenue from them.

                                                                               Wormhole’s native token has had a tough time since launch, debuting at $1.66 before dropping significantly despite the general crypto market’s bull cycle.                     Wormhole, an interoperability protocol facilitating asset transfers between blockchains, announced updated tokenomics to its native Wormhole (W) token, including a token reserve and more yield for stakers. The changes could affect the protocol’s governance, as staked Wormhole tokens allocate voting power to delegates.According to a Wednesday announcement, three main changes are coming to the Wormhole token: a W reserve funded with protocol fees and revenue, a 4% base yield for staking with higher rewards for active ecosystem participants, and a change from bulk unlocks to biweekly unlocks.“The goal of Wormhole Contributors is to significantly expand the asset transfer and messaging volume that Wormhole facilitates over the next 1-2 years,” the protocol said. According to Wormhole, more tokens will be locked as adoption takes place and revenue filters back to the company.Read more