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 additio...
Galaxy Research研究主管Alex Thorn撰文《不要低估Tether》(Don’t Underestimate Tether),其中指出Tether已建立庞大的投资和业务运营范围,除了超过1850亿美元的USDT流通供应量,该公司还投资农业和机器人公司,并且运营比特币挖矿和高性能计算 (HPC) 数据中心,以及开发AI健康应用 (QVAC) 和一款私密通讯应用 (Keet)。此外,Alex Thorn还披露最新报告数据显示,Tether已...
Trump's cryptocurrency advisor David Bailey has said that the credit crisis in the decentralized finance (DeFi) lending sector is evolving into a cryptocurrency liquidity crisis. If the collateral required for margin collection cannot be provided, or the hedging operation fails, the risk of spreading from decentralized finance (DeFi) to centralized finance (CeFi) is extremely high... On October 10th, the second round (crisis) may come. Hopefully things will not develop to this point, but still n...
特朗普加密货币顾问戴维・贝利(David Bailey)表示,去中心化金融(DeFi)借贷领域的信贷危机正演变为加密货币流动性危机。若无法提供保证金追缴所需抵押品,或对冲操作失效,风险从去中心化金融(DeFi)蔓延至中心化金融(CeFi)的可能性极高……10 月 10 日,第二轮(危机)或将到来。希望事态不会发展到这一步,但仍需保持谨慎,规避交易对手风险。
According to the unfolded disclosure, as of June 30, Galaxy Research tracked that the scale of unpositioned squaring loans of centralized finance (CeFi) reached $17.78 billion. This scale increased by 14.66% from the previous quarter (that is, $2.27 billion); compared with the bear market trough of $7.18 billion in the fourth quarter of 2023, an increase of $10.59 billion, an increase of 147.5%. Tether, Nexo and Galaxy were the top three lenders in terms of outstanding loans.
据unfolded披露,截至 6 月 30 日,Galaxy Research追踪显示,中心化金融(CeFi)未平仓借款规模达 177.8 亿美元。这一规模较上季度增长 14.66%(即 22.7 亿美元);相较于 2023 年第四季度熊市低谷期的 71.8 亿美元,增长了 105.9 亿美元,增幅达 147.5%。 按未偿贷款金额计算,泰达(Tether)、 Nexo 与银河(Galaxy)是排名前三的出借方。
According to CoinDesk, Galaxy Research reports that the crypto lending market size is $36.50 billion in the fourth quarter of 2024, down 43% from $64.40 billion at the peak of the bull market in 2021. Tether, Galaxy and Ledn hold nearly 90% of $11.20 billion outstanding loans from CeFi centralized lenders, and CeFi loans are down 68% from the peak of $34.80 billion in early 2022.
Alex Thorn, head of research at Galaxy Digital, said in a post on X that based on a review of public filings, bankruptcy filings, and voluntary disclosures from active lenders, the total size of centralized finance (CeFi) loans at the end of 2024 was $11.20 billion, down 68% from the historical peak (ATH) of $34.80 billion in 2022. By the end of 2024, the largest CeFi lenders in terms of outstanding loan book size are: Tether, Galaxy, Ledn, Coinbase, Maple, Unchained, Centrifuge, Goldfinch, Ar.....
Galaxy Digital研究主管Alex Thorn于X发文表示,根据对公开文件、破产文件以及活跃贷方自愿披露信息的审查,截至2024年底,中心化金融(CeFi)贷款总规模为112亿美元,较2022年348亿美元的历史峰值(ATH)下降了68%。截至2024年底,按未偿贷款账簿规模计算,最大的CeFi贷方为:Tether、Galaxy、Ledn、Coinbase、Maple、Unchained、Centrifuge、Goldfinch、Ar...