Tether’s USDT stablecoin has achieved a monumental milestone, serving 500 million users worldwide as the company solidifies its dominance in digital finance. Driven by explosive growth in emerging markets and strategic community engagement, USDT’s circulation now stands at approximately $182 billion, dwarfing competitors like Circle’s USDC at $75 billion. The announcement comes alongside plans for a new dollar-backed stablecoin targeting the US market and a record $4.9 billion Q2 profit, positioning Tether among the world’s most valuable private companies.
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Tether Adds $1B Bitcoin in Quarter-End Reserve Boost
Tether has acquired 8,889 Bitcoin worth approximately $1 billion from Bitfinex in one of its largest single top-ups this year. The transaction follows a clear quarter-end pattern of reserve bolstering ahead of public attestations. This move brings Tether’s total Bitcoin holdings to nearly $9.8 billion amid ongoing expansion into US markets.
read moreTether CEO on Bitcoin Reserves & Trump Role Exit
Tether USA CEO Bo Hines has revealed the strategic thinking behind the company’s Bitcoin reserve strategy and his recent departure from former President Donald Trump’s digital assets council. In an exclusive interview with Cointelegraph at Korea Blockchain Week, the 30-year-old executive described his exit from the government advisory role as a difficult but necessary decision, emphasizing that the administration’s primary goal was to position the United States as the global cryptocurrency capital.
read moreTether Seeks $20B Funding at $500B Valuation with SoftBank, Ark
Tether, the world’s largest stablecoin issuer, is in advanced discussions with SoftBank Group and Ark Investment Management for a landmark funding round that could raise up to $20 billion and value the company at a staggering $500 billion. This potential capital infusion, first reported by Bloomberg News, represents one of the largest private placements in financial technology history and signals a dramatic shift in Tether’s strategy as it expands beyond cryptocurrencies into artificial intelligence, telecommunications, and real estate investments.
read moreTether Seeks $20B at $500B Valuation with SoftBank, Ark
Stablecoin giant Tether is negotiating one of the largest private capital raises in history, seeking up to $20 billion from investors including SoftBank Group and Ark Invest at a staggering $500 billion valuation. This landmark deal would catapult the issuer of USDT into the upper echelon of global private companies, alongside giants like OpenAI and SpaceX, and marks a decisive push by the crypto-native firm into the heart of mainstream finance.
read moreSoftBank, Ark Invest Eye $20B Tether Funding at $500B Valuation
In a move that could redefine the valuation landscape for cryptocurrency firms, stablecoin giant Tether is reportedly in early discussions with investment titans SoftBank and Ark Invest for a monumental capital raise. The private placement, seeking between $15 billion and $20 billion for approximately 3% equity, could value the company at a staggering $500 billion, placing it in the upper echelons of the world’s most valuable private companies. This potential backing from established technology and investment leaders marks a pivotal moment for Tether, signaling a powerful push for mainstream legitimacy and accelerated adoption within traditional finance.
read moreTether Seeks $20B Funding at $500B Valuation
Tether Holdings Ltd., the issuer of the world’s largest stablecoin USDT, is reportedly in early-stage discussions to raise up to $20 billion through a private equity placement that could value the cryptocurrency giant at a staggering $500 billion. According to a Bloomberg News report from September 23, this potential valuation would catapult the lightly regulated firm into the upper echelons of the global private company landscape, placing it alongside giants like OpenAI and SpaceX. The fundraising talks coincide with Tether’s strategic push to re-enter the United States market under a new regulatory environment.
read moreTether Seeks $20B Raise at $500B Valuation
Tether Holdings, the issuer of the world’s largest stablecoin USDT, is reportedly planning a monumental private placement that could value the company at a staggering $500 billion. According to Bloomberg sources, the El Salvador-based firm aims to raise $15-$20 billion by selling approximately 3% of the company, potentially placing it in the same valuation league as artificial intelligence pioneer OpenAI and Elon Musk’s SpaceX. This ambitious fundraising effort signals both Tether’s explosive financial performance and the growing institutional acceptance of stablecoins following recent regulatory developments in the United States.
read moreTether Seeks $20B Funding, Valuation Could Hit $500B
Tether, the issuer of the world’s largest stablecoin USDT, is reportedly exploring a massive private placement that could raise up to $20 billion and value the company at approximately $500 billion. The move comes as Tether aggressively expands its US operations under a more favorable regulatory environment, positioning the stablecoin giant among the world’s most valuable private enterprises.
read moreTether Launches US-Compliant Stablecoin $USAT
Tether is expanding its footprint in the U.S. market with the launch of $USAT, a fully compliant dollar-backed stablecoin. The move comes as the company leverages the GENIUS Act to meet new regulatory requirements. Despite the expansion, Tether confirms it will remain a private enterprise.
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