Tether, the issuer of the widely used stablecoin USDT, has made a strategic investment in Ledn, a leading platform for Bitcoin-backed loans, signaling a significant push into the crypto-credit sector. This partnership aims to scale lending products that enable users to borrow against their Bitcoin holdings without selling, unlocking liquidity while preserving long-term exposure—a model increasingly valuable in volatile markets.
Ledn has originated over $2.8 billion in Bitcoin-backed loans since its inception, with more than $1 billion in 2025 alone, and has surpassed $100 million in Annual Recurring Revenue, underscoring strong institutional and retail demand. The investment strengthens Tether's diversification beyond stablecoins into areas like AI, commodities, and fintech, while consolidating its influence in the growing CeFi lending space.
The collaboration reflects a broader industry shift toward mature crypto-credit infrastructure, with CeFi lenders like Tether and Ledn dominating the market by offering traditional credit structures with digital-asset collateral. For Ledn, the capital boost accelerates its role in the emerging digital-asset credit economy, enhancing services for global users.
SOL
XRP
ADA
GEE
ETH
OZ
TAP
XMR