Galaxy Research: Tether loan volume exceeds $14 billion, making it the largest CeFi lending institution

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Deep潮 TechFlow news, December 13th, Galaxy Research Director Alex Thorn posted on X platform titled “Don’t Underestimate Tether,” pointing out that Tether has established a vast investment and business operation network. Its issued USDT stablecoin has a circulation supply of over $185 billion. The company also invests in agriculture and robotics companies, operates Bitcoin mining and high-performance computing (HPC) data centers, and develops AI health applications (QVAC) and a private messaging app (Keet).

Additionally, Alex Thorn revealed that the latest report shows Tether has become the largest centralized finance (CeFi) lending institution in the cryptocurrency space, with a loan scale exceeding $14 billion, and paid over $10 billion in dividends to shareholders in the first nine months of this year.

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