Celsius Wind-down Scores $300M Lifeline From Tether - GXD Labs & VanEck Confirm Major Crypto Bailout
Celsius just pulled off the ultimate Hail Mary pass—and Tether's holding the football.
The Funding Gambit
GXD Labs and VanEck dropped the bombshell today: Celsius's wind-down process just secured a staggering $300 million injection from none other than Tether. That's right—the stablecoin giant just became crypto's lender of last resort.
This isn't just a bailout—it's a full-scale financial resurrection. The move sends shockwaves through DeFi circles, proving once again that when traditional finance hesitates, crypto players write their own rules.
The $300 million lifeline represents one of the largest private rescues in crypto history—because nothing says 'stable' like propping up a collapsed lending platform. Just another day in decentralized finance, where the emergency exits are funded by the very institutions they were meant to replace.
