【Blockchain Rhythm】Recently, an interesting piece of news broke out—Tether quietly invested $40 million to $50 million into Ledn in November. What is Ledn? Simply put, this company is in the Bitcoin collateralized loan business, allowing users to borrow fiat or stablecoins using BTC, which is quite intriguing.
After this investment, Ledn’s valuation directly soared to the billion-dollar level. Honestly, this reflects Tether’s ambitious layout—it’s not just sitting back and earning printing money profits. Besides this investment, Tether also holds a stake in the agricultural conglomerate Adecoagro and has a minority shareholding in Juventus Football Club.
It’s clear that Tether is expanding its ecosystem through a series of acquisitions and strategic investments, and its position as a leading stablecoin provides it with ample ammunition to do these things.
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BoredWatcher
· 01-12 15:09
Haha, Tether is playing a big game. They've upgraded from a stablecoin printing machine directly into a VC.
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0xLostKey
· 01-10 06:10
Tether is paving the way for the USDT ecosystem. The scenario of borrowing USDT through BTC collateral is indeed a necessity. The valuation doubling of Ledn this round is also reasonable.
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Blockblind
· 01-09 15:36
Hmm, this move is indeed a bit ruthless. Tether not only prints money but also wants to build an investment empire.
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AirdropBlackHole
· 01-09 15:19
Tether's approach is really sneaky—printing money → investing → expanding, a perfect closed loop. Just worried that it might get exposed someday.
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AirdropAnxiety
· 01-09 15:19
Tether really makes the stablecoin printing activity feel like VC work. Now they're even trying to get into football teams. This move is quite bold.
Tether boosts stablecoin ecosystem, $40-50 million investment in Ledn completed
【Blockchain Rhythm】Recently, an interesting piece of news broke out—Tether quietly invested $40 million to $50 million into Ledn in November. What is Ledn? Simply put, this company is in the Bitcoin collateralized loan business, allowing users to borrow fiat or stablecoins using BTC, which is quite intriguing.
After this investment, Ledn’s valuation directly soared to the billion-dollar level. Honestly, this reflects Tether’s ambitious layout—it’s not just sitting back and earning printing money profits. Besides this investment, Tether also holds a stake in the agricultural conglomerate Adecoagro and has a minority shareholding in Juventus Football Club.
It’s clear that Tether is expanding its ecosystem through a series of acquisitions and strategic investments, and its position as a leading stablecoin provides it with ample ammunition to do these things.