Tether CEO Paolo Ardoino stated that if the company chooses to go public, its valuation could reach $515 billion, surpassing Costco and Coca-Cola, making it the 19th largest company in the world. Although this figure is already quite astonishing, Ardoino still calls it a "conservative estimate" as Tether holds a large and growing reserve of Bitcoin and gold.
He said that while Tether is experiencing rapid growth, it will continue to adhere to a humble and prudent business philosophy and looks forward to the next phase of development.
