According to Bloomberg, global commodity trader Trafigura is in talks with Tether about a pilot project to support USDT payments at its fuel distribution subsidiary Puma Energy's gas stations in El Salvador. Sources familiar with the matter say the discussions are still in the early stages and require regulatory approval. Under the plan, consumers can use USDT to pay for fuel and convenience store items, which are then exchanged by an intermediary for US dollars to settle with Puma. The report states that this is the first known collaboration between Tether and a major commodity trader around real-world payment scenarios using stablecoins. In recent years, Tether has continued to expand its business in the commodities sector, including providing trade finance loans, participating in crude oil trading financing, and investing in gold and mining assets.

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