Tether Invests in Ledn to Expand Bitcoin-Backed Lending Amid Surging Demand
Summary
Stablecoin issuer Tether has made a strategic, undisclosed investment in Ledn, a leading provider of bitcoin-backed consumer loans. This move supports Tether's goal of expanding access to credit secured by digital assets, allowing users to gain liquidity without selling their BTC. Ledn has proven resilient after the 2022 crypto lending collapse, focusing on a simplified, bitcoin-only model. The company is experiencing significant growth, having issued over $1 billion in BTC-backed loans in 2025 alone, putting it on track for its strongest year, with total originations since launch exceeding $2.8 billion. Tether CEO Paolo Ardoino stated the investment reflects a commitment to financial empowerment through self-custodial credit.
(Source:CoinDesk)