Tether's CEO Paolo Ardoino stated that the company is not considering going public, despite the successful listing of competitor Circle on the NYSE. According to him, the issuer of the USDT stablecoin is successfully developing and does not need an initial public offering (IPO).

Ardoino responded to the words of Artemis's head John Ma, who suggested that Tether could reach a capitalization of $515 billion, entering the top 20 largest companies in the world. However, the head of the USDT issuer believes this estimate is understated, citing growing corporate reserves of bitcoin and gold.