Tether-Ledn Partnership Expands Bitcoin-Backed Loans
Tether has formed a strategic investment partnership with Ledn to expand Bitcoin-backed loans and preserve digital asset self-custody. Ledn originated over $1 billion in Bitcoin-backed loans in 2025, including $392 million in Q3. Although the investment amount was undisclosed, Ledn will use the capital to launch new products, enter new markets and integrate USDT on its platform. Ledn also offers high-yield savings accounts for BTC, USDT, and USDC. This collaboration combines Tether’s stablecoin liquidity with Ledn’s loan infrastructure. It follows Tether’s recent investments in AI firms and tokenized securities with KraneShares and Bitfinex. The partnership strengthens crypto lending services, enhances self-custody and financial resilience, and broadens global credit access for crypto holders.
Bullish
The partnership is bullish for Bitcoin. Integrating USDT and expanding Bitcoin-backed loans can drive demand for BTC as collateral. In the short term, new product launches and enhanced liquidity may boost trading activity. In the long term, improved credit infrastructure and broader market access could support sustained BTC demand and price appreciation.