Tether and Coinbase Among Largest Centralized Finance (CeFi) Lenders in Crypto, According to Galaxy Analyst
2025-04-17
stablecoin issuer Tether is the largest centralized finance lender (CeFi) in the digital asset space, according to new analysis. Zack Pokorny, a research analyst at the crypto investment giant Galaxy Digital, notes that Galaxy and the bitcoin (btc) lending firm Ledn were the second and third-largest lenders, respectively. Combined, Tether, Galaxy and Ledn’s loan book totaled […]
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