[Tether Invests Approximately $40-50 Million in Ledn, Valuation Reaches $500 Million] According to reports, stablecoin issuer Tether did not disclose the specific amount when it announced a strategic investment in Ledn, a company providing fiat and stablecoin loans backed by Bitcoin, in November last year. Sources revealed that Tether actually paid approximately $40-50 million, bringing Ledn's valuation to around $500 million.