Tether Eyes $500 Billion Valuation in Major Fundraise Push

Tether launches ambitious capital hunt that could redefine stablecoin supremacy.

Fundraising Frenzy

The stablecoin giant explores a massive funding round targeting that eye-popping $500 billion valuation mark—a figure that would make traditional finance titans blush. Sources indicate the move signals Tether's aggressive expansion beyond mere dollar-pegged tokens.

Market Domination Play

This isn't just about raising capital; it's a strategic power grab in the digital asset ecosystem. The proposed valuation would position Tether's parent company alongside the world's largest financial institutions—quite the feat for an entity that still operates with the transparency of a Swiss bank vault.

Industry Implications

The fundraise could trigger seismic shifts across crypto markets. Competitors now face a stabilized Goliath armed with war chest capabilities to acquire, innovate, or simply bulldoze opposition. Meanwhile, regulators sharpen their pencils—and their knives.

Just remember: in crypto, today's valuation milestones become tomorrow's discovery phase exhibits.

Tether Evaluating Major Fundraising Round 

Tether CEO Paolo Ardoino has confirmed that the company is in discussions with investors to raise as much as $20 billion in a fundraising round that WOULD value the company at around $500 billion. If the deal is successful, it could propel the USDT issuer alongside OpenAI and SpaceX as one of the world’s most valuable companies. According to sources, the company is offering a 3% stake through a private placement. Cantor Fitzgerald will act as the lead advisor for the deal. 

However, a source involved in the discussions tempered expectations, stating that these were top-end targets, and eventual numbers could be significantly lower. Ardoino confirmed the fundraising plans on X, stating, 

“Tether is evaluating a raise from a selected group of high-profile key investors, to maximize the scale of the Company's strategy across all existing and new business lines (stablecoins, distribution ubiquity, AI, commodity trading, energy, communications, media) by several orders of magnitude.”

If it goes through, the deal could be an extraordinary achievement for the cryptocurrency industry. Tether’s closest competitor, stablecoin issuer Circle, is valued at around $30 billion. 

A Quiet Rise To The Top 

While Tether lacks the mainstream profile of companies like OpenAI and SpaceX, it has quietly become one of the world’s most profitable companies. The company posted $4.9 billion in profit during the second quarter alone, bringing its year-to-date total to a staggering $5.7 billion. The stablecoin issuer has maintained its position as the leading stablecoin issuer, as USDT remains the largest dollar-backed stablecoin in circulation, with a market capitalization of over $173 billion. The company currently holds a 56% share of the roughly $307 billion stablecoin market. 

Stablecoin Adoption On The Rise 

Stablecoin adoption has seen a sharp increase as they offer an efficient and low-cost avenue to MOVE funds. They also help expand financial access and act as an on-ramp to blockchain applications. Recently, the United States passed the GENIUS Act to preserve the US Dollar’s dominance by establishing clear rules and regulations for stablecoin issuers. 

Tether, once dismissed and accused of being a criminal’s go-to cryptocurrency, has been planning its US return in recent months. Its US return is driven by President Trump’s pro-crypto policies. The company has also named a new CEO for its US businesses and institutions. The US-based entity will be regulated under the GENIUS Act.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.