Tether, Galaxy, Ledn Dominate Centralized Crypto Lending As DeFi Claims A Bigger Share Of The $37 Billion Market

It wasn’t long ago that crypto lending looked like the industry’s most radioactive ruin. BlockFi, Celsius, Voyager, Genesis, once industry’s leaders, imploded in the great 2022-2023 washout, wiping out $25 billion in loans and much of the sector’s credibility. Now, a new report from Galaxy Digital …