According to Deep Tide TechFlow reports, on June 8, Paolo Ardoino, CEO of stablecoin issuer Tether, shared an analysis stating that if Tether goes public, its market value will reach $515 billion, becoming the 19th largest company in the world.
He stated that while the numbers are impressive, Tether hopes to remain humble and is excited about the company's next phase of development. The current business model is quite good, and there is no need to go public yet.