Tether is nearing a funding deal that could raise the value of the stablecoin giant to as much as $500 billion:

Tether is nearing a funding deal that could raise the value of the stablecoin giant to as much as $500 billion: Report

Reports indicate that SoftBank Group and Ark Invest are considering participating in a large funding round for Tether, which could raise the value of the stablecoin issuer to $500 billion. This move could strengthen Tether's position in the mainstream financial sector and solidify its status as one of the largest private companies in the world.