Tether Becomes Crypto Largest Creditor With Over $14 Billion In Outstanding Loans

Tether is no longer just a Stablecoin issuer but has transformed into a massive financial empire.

🔸 Tether is now the largest CeFi lender in the crypto space. Total outstanding loans have exceeded $14 billion. Tether is acting as the lender of last resort for many big players in the market.

🔸 Tether financial strength is undeniable, with USDT supply surpassing $185 billion.

🔸The fact that Tether holds so much debt $14 billion acts as both a liquidity pillar and a massive centralization risk if their debtors default.

Do you feel safer knowing Tether has massive profits to back USDT, or are you worried because they are lending out $14 billion to undisclosed borrowers?

News is for reference, not investment advice. Please read carefully before making a decision.