Tether Invests in Ledn to Expand Bitcoin-Backed Lending
Tether has strategically invested in Ledn, a prominent provider of bitcoin-backed consumer loans. This investment aims to broaden access to credit secured by digital assets as demand for such loans surges. Ledn has achieved significant milestones, with over $2.8 billion in BTC-backed loans since its inception and more than $1 billion originated in 2025 alone. The crypto-backed lending market is forecasted to experience substantial growth by 2033, fueled by a desire for liquidity without the need to sell digital assets. Amidst a challenging landscape for many crypto companies, Ledn has streamlined its services and is on course for its best year to date. Tether's CEO emphasized the importance of this move in promoting financial empowerment through self-custodial credit, reflecting a growing trend in the cryptocurrency ecosystem.
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