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Tether stablecoin loans rise in 2023 despite downsizing announcement in 2022

Tether, the largest stablecoin issuer in the crypto market, has seen a rise in its stablecoin lending, or secured loans, in 2023, despite the firm having announced it will cut such loans down to zero in December 2022. In the company’s latest quarterly report, Tether noted that its assets included $5.5 billion

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