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Tether Dives Into Bitcoin-Backed Lending as Market Soars Past $1B in Loans
Yahoo Finance· 2025-11-18 18:33
Tether, the world’s largest player in the digital asset sector, has taken a deeper step into crypto-backed credit markets with a new investment in Ledn, one of the most established providers of Bitcoin-backed loans. The move comes during a renewed wave of activity across the lending sector, which has already surpassed $1 billion in loan originations this year and is now showing signs of a broader comeback after the severe collapse of 2022–2023. Ledn Crosses $2.8B in Bitcoin Loans as Crypto Lending Market ...