Tether could pause raise if $500B target misses demand
The post Tether could pause raise if $500B target misses demand appeared on BitcoinEthereumNews.com.
Tether is again in focus after a report said it may delay a planned fundraising round if investors do not support a $500 billion valuation. Summary Tether is seeking investor commitments for a fundraising round at a reported $500 billion valuation. The company may delay the raise if investor demand does not meet expectations, reports said. Reports also said Tether hired KPMG for its first full audit of USDt financial statements. The reported timeline and target have added fresh attention to the stablecoin issuer’s growth plans, valuation goals, and audit efforts. A Friday report said Tether is pushing investors to commit to a fundraising round at a $500 billion valuation within the next two weeks. The report added that the company may postpone the raise if demand does not meet expectations. The El Salvador-based firm has reportedly been seeking new capital since late 2025. However, some investors have shown caution over the proposed valuation. The reported target would place Tether among the world’s largest financial firms if the raise moves forward on those terms. The reported $500 billion valuation would place Tether above every US bank except JPMorgan Chase. JPMorgan’s market value stands near $794.55 billion, while Bank of America’s market value is about $352.86 billion, based on figures cited in the report. Tether’s main product, USDt, remains the largest stablecoin by market value, with a market cap of about $184 billion. The company also offers other products, including Tether Gold and Tether EURt. The fundraising talks show how Tether is trying to expand beyond stablecoins into several other business areas. In September 2025, Bloomberg reported that Tether was exploring a raise of up to $20 billion. That report said the company was looking at a private placement for about a 3% stake, with Cantor Fitzgerald acting as lead adviser.…
Filed under: News - @ April 4, 2026 8:25 am