According to a report by Deep Tide TechFlow, on June 8th, Tether CEO Paolo Ardoino shared an analysis stating that if Tether goes public, its market value will reach 515 billion dollars, making it the 19th largest company in the world.

He stated that while the numbers are impressive, Tether hopes to remain humble and is excited about the next stage of the company's development. The current business model is quite good, and there is no need to go public yet.