Jonathan Weil / Wall Street Journal:

Tether confirms resuming lending its stablecoins to clients, less than a year after committing to end such loans; $5.5B of its assets were loans as of June 30  —  Cryptocurrency issuer had said it would cut loans to zero in 2023  —  Tether Holdings resumed lending out its own stablecoins to customers …

Jonathan Weil / Wall Street Journal:

Tether confirms resuming lending its stablecoins to clients, less than a year after committing to end such loans; $5.5B of its assets were loans as of June 30  —  Cryptocurrency issuer had said it would cut loans to zero in 2023  —  Tether Holdings resumed lending out its own stablecoins to customers …

Source: TechMeme
Source Link: http://www.techmeme.com/230921/p16#a230921p16