Tether invested $50 million in Ledn.

Tether announced that it has invested up to 50 million dollars in a crypto lending company called Ledn. This investment occurred during a period when Ledn's market value was estimated at 500 million dollars.

Ledn is a platform that offers lending services to cryptocurrency holders. While the investment is recorded as a significant development within the crypto sector, Tether's move is considered an important step to strengthen its leadership position.