Tether has announced a major strategic investment in Ledn, a leading provider of bitcoin-backed consumer loans, marking a strong push toward expanding crypto-powered credit access. While the investment amount remains undisclosed, the move signals Tether’s growing commitment to strengthening real-world financial services built on digital asset infrastructure.

Ledn, known for surviving the 2022 crypto-lending sector collapse that took down BlockFi, Voyager, Celsius, and Genesis, has since streamlined its operations and adopted a bitcoin-only model. This simplified approach has sharpened its focus and boosted user confidence, enabling customers to access liquidity without selling their BTC.

The company has already originated over $2.8 billion in bitcoin-backed loans since launch and is on pace for its best year ever. More than $1 billion in loans have been issued in 2025, including $392 million in Q3 alone—nearly matching the platform’s total 2024 volume. Tether’s investment is expected to accelerate this momentum and further strengthen bitcoin-based financial services.