Tether Seeks Up to $20 Billion in Funding to Achieve $500 Billion Valuation

Tether is aiming to raise between $15 billion and $20 billion in a new funding round, targeting a valuation of $500 billion. This ambitious move positions Tether among the most valuable private companies globally and reflects growing confidence in the cryptocurrency market. As the issuer of the largest stablecoin, USDT, Tether's success could significantly influence both the digital asset landscape and traditional finance.