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Tether Explores $20 Billion Fundraising Round at $500 Billion Valuation
Tether Explores $20 Billion Fundraising Round at $500 Billion Valuation
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3
BTCCSquare news:
Tether Holdings, the issuer of the world's largest stablecoin USDt, is reportedly in preliminary discussions to raise $15-20 billion through a private placement at a staggering $500 billion valuation. The deal, advised by Cantor Fitzgerald, would allocate approximately 3% equity to investors—a move that could catapult the crypto firm into the upper echelons of privately held companies.
The company's financial performance underscores its dominance: $4.9 billion in Q2 2025 profits bring year-to-date earnings to $5.7 billion. USDT maintains its market supremacy with a $172.8 billion capitalization and 56% stablecoin market share. Market observers note the fundraising target may adjust downward as negotiations progress.
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