Crypto Lending Hits Record $73.59 Billion in Q3 2025

The crypto lending industry reached new heights in the third quarter of 2025, recording a record-breaking high of $73.59 billion in outstanding crypto-collateralized loans. This milestone signifies substantial growth within both centralized and decentralized financial (CeFi & DeFi) platforms. Tether dominated the market with a significant 60% share, leading the way as a dominant lender. Institutional involvement also surged, adding an impressive $20.46 billion to the total in Q3 alone.