Galaxy Research: Tether is already the largest CeFi lender in the crypto space, with loans exceeding $14 billion
2025-12-13 13:45:08
Alex Thorn, head of research at Galaxy Research, wrote Don't Underestimate Tether, in which he pointed out that Tether has established a large investment and business operation scope. In addition to more than $185 billion in USDT circulating supply, the company also invests in agricultural and robotics companies, and operates bitcoin mining and high-performance computing (HPC) data centers, as well as developing AI health applications (QVAC) and a private messaging application (Keet). In addition, Alex Thorn also disclosed the latest report data that Tether has become the largest centralized financial (CeFi) lender in the cryptocurrency field, with a loan size of more than 14 billion US dollars, and paid shareholders more than 10 billion US dollars in dividends in the first nine months of this year.
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