Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Crypto

$230M Polish Oil Deal via Stablecoin Ends in Disaster

Guavy AI Editorial Team
Instruments
CAKE SUSHI BAL
Share

Poland's Orlen provided $230 million to Venezuela for an oil deal, with most of the funds transferred using the USDt stablecoin. However, only about $29 million worth of oil was delivered, highlighting the risks associated with using stablecoins in international trade.

The large payment and lack of corresponding oil delivery raise concerns about transparency and security in crypto-based transactions for large-scale commodity deals.

According to Pluang, 46 out of 50 major cryptocurrencies rose on September 17, 2026, with notable movers including BAL, CAKE, and SUSHI.

More on Crypto

Crypto 1m ago

Ric Edelman Sees Bitcoin Hitting $500,000 by 2030 on Portfolio Allocation

Crypto 1m ago

Fewer Bitcoin Holders Are Underwater, CryptoQuant Data Reveals

Crypto 1m ago

Franklin ETF Clients Buy $3.5 Million Worth of XRP

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy