Tether is raising funds, valued at $500 billion, with SoftBank and ARK in talks. What does this number mean? It exceeds most traditional banks. How can a company that issues stablecoins be worth so much money?
The answer is simple: making money while lying down. Tether takes users' money to buy U.S. Treasuries, earning $13.4 billion in interest last year, higher than the GDP of many countries. With a market value of $170 billion USDT and 500 million users, this is a money printing machine. What's even more aggressive is that Tether is not satisfied with just earning interest; it has started to venture into cloud computing, telecommunications, and real estate, aiming to become a technology investment group.
What SoftBank is looking at is this. They are not fools; the valuation of $500 billion must make sense. Tether controls the blood circulation of the crypto world, and they have an inherent advantage in whatever they want to do. Today it is a stablecoin, and tomorrow it could be the Amazon of the crypto world.
Ordinary people cannot participate in this private placement, but they can pay attention to the projects that Tether invests in. Which chain they invest in and which DeFi protocol they choose could bring huge opportunities. Keep an eye on Tether's movements, as this may be the next wealth code. In the short term, the overall market confidence will improve, and one can take a small long position in mainstream coins. $BTC $ETH
