Tether Invests in Ledn to Expand Bitcoin-Backed Lending

Tether has made a strategic investment in Ledn, a leading provider of bitcoin-backed consumer loans, to enhance access to credit secured by digital assets. Ledn has processed over $2.8 billion in BTC-backed loans since its inception, including more than $1 billion in 2025 alone, indicating robust growth in the sector. The investment aligns with Tether's vision of facilitating financial services utilizing digital assets. The crypto-backed lending market is forecast to grow significantly by 2033, driven by increasing demand for liquidity without the necessity of selling digital assets. Ledn's resilience during the market downturn in 2022, where others like BlockFi and Celsius faltered, further emphasizes its stability and potential for growth. Tether CEO Paolo Ardoino expressed that this investment embodies a commitment to empowering users through self-custodial credit solutions.

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