Loading...
[Tether Strategic Investment in Ledn, Expanding the Bitcoin-Backed Loan Market] Tether has announced a strategic investment in Bitcoin-backed loan platform Ledn, aiming to expand the digital asset credit market and support individuals and businesses in accessing funds through Bitcoin-backed loans. Since its inception, Ledn has issued over $2.8 billion in loans, with loan issuance exceeding $1 billion in 2025 and annual recurring revenue surpassing $100 million. Tether CEO Paolo Ardoino stated that the collaboration with Ledn will strengthen self-custody and financial resilience while promoting the adoption of digital assets in the global financial system. Reports predict that the crypto asset-backed loan market will grow from $7.8 billion in 2024 to over $60 billion by 2033.