The post Tether Exploring Major Fundraise, Eyes $500 Billion Valuation appeared on BitcoinEthereumNews.com.

Tether, the entity behind the world’s largest stablecoin, is reportedly in talks to raise $20 billion at a $500 billion valuation, CEO Paolo Ardoino has confirmed. The deal could make Tether one of the world’s most valuable companies, alongside OpenAI and Elon Musk’s SpaceX.  The company will look to raise the funds through a private placement, in exchange for a roughly 3% stake.  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…

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Filed under: News - @ September 24, 2025 9:32 pm