๐จ Tether Eyes $500B Valuation
Stablecoin giant Tether is in talks to raise $15Bโ$20B via private placement (~3% stake), with Cantor Fitzgerald advising.
At half a trillion, Tether would rival SpaceX & OpenAI, despite being a lightly regulated crypto firm.
๐น USDT mcap: ~$172B (market leader)
๐น Q2 profit: $4.9B, ~99% margins
๐น New push: USAโฎ stablecoin, AI, energy & infra bets
This raise could cement Tether as one of the worldโs most valuable private companies.
Source By : x.com/0xcryptosea
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