Galaxy Research: Tether is now the largest CeFi lender, with over $14 billion in loans currently outstanding.
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According to ME, on December 13th (UTC+8), Alex Thorn, Research Director at Galaxy Research, published an article on the X platform titled "Don't Underestimate Tether," pointing out that Tether has established a vast investment and business operations, with its USDT stablecoin having a circulating supply exceeding $185 billion. (Source: ME)
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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