Tether CEO Dismisses IPO Plans Amid $515B Valuation Speculation

Tether CEO Dismisses IPO Plans Amid $515B Valuation Speculation
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Tether CEO Paolo Ardoino has dismissed speculation about the stablecoin issuer going public, despite a staggering $515 billion valuation estimate. The remarks come just days after rival Circle made its NYSE debut with a 167% surge.

  • Tether CEO rejects IPO plans despite a speculated $515B valuation.
  • Circle's NYSE debut saw shares surge 167%, contrasting Tether's stance.
  • Tether's Bitcoin and gold reserves may justify even higher valuations.
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