2026-01-09 16:28:40

There is another major move in the market. According to informed sources, this top global stablecoin issuer Tether invested between $40 million and $50 million last November into Ledn, a platform specializing in Bitcoin-backed loans. This funding round pushed Ledn's valuation directly to $500 million.

What can be inferred from this investment? Tether is clearly positioning itself in the application of stablecoins within the DeFi lending market, as the Bitcoin-backed loan sector is quite substantial. As a player in this space, Ledn receiving support from a top stablecoin issuer indicates that this direction is viewed positively.

This also reflects the evolution of the entire Web3 ecosystem—stablecoins are no longer just a payment tool but have become a key part of DeFi infrastructure. Bitcoin holders can collateralize their assets on such platforms to obtain stablecoin liquidity, making it a good option for market participants.

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DAOdreamer

· 10h ago

Tether's move this time is quite interesting, directly turning stablecoins into infrastructure, but Ledn being valued at 500 million is really happening a bit fast.

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BrokenDAO

· 11h ago

The matter of Tether investing in Ledn is essentially about finding use cases for its stablecoin. After all, USDT needs a place to be used to be valuable. But you see, this is a typical centralized trap — Tether is both the issuer and the ecosystem builder. Who will check and balance it? Ultimately, the risk of lending platforms is paid for by the users.

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CascadingDipBuyer

· 01-11 11:46

Tether's move is quite strategic, investing 40-50 million in Ledn to directly double the valuation. Basically, they want to turn stablecoins into DeFi's electricity, water, and gas.

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CryptoFortuneTeller

· 01-09 16:58

Tether's move was quite aggressive, directly pushing Ledn's valuation up to 500 million. But then again, this DeFi lending logic has been a well-worn topic, hasn't it?

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AirdropHunterKing

· 01-09 16:47

Wow, Tether's move is really clever. I always said that stablecoins will eventually become infrastructure, and now the leading players are finally taking it seriously. I need to take another look at Ledn's $500 million valuation, but the BTC collateral part is definitely a green pasture for harvesting, someone should have started consolidating it long ago. Wait, do these platforms do airdrops? I need to keep an eye on the wallets... By the way, back in the day, I should have been optimistic about this direction. Another missed opportunity to buy the dip, damn. I've been saying for a while that stablecoins will become infrastructure, and now it's finally happening. But will Ledn cut the line? Who can guarantee that? The DeFi space is a mixed bag.

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0xOverleveraged

· 01-09 16:46

Another new trick to harvest the little guys, Tether's move this time really knows how to play.

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FloorSweeper

· 01-09 16:45

tether pumping ledn's bags while retail still sleeps... classic move tbh. everyone's gonna act surprised when this unwinds lmao

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BearMarketMonk

· 01-09 16:38

Tether's move is interesting; stablecoins should indeed focus on lending. The Bitcoin collateral loan sector is already established, and if you don't get in early, you'll be overtaken by others.

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