Tether CEO Paolo Ardoino stated that if Tether goes public, the company's valuation could reach $51.5 billion, making it the 19th largest company in the world, surpassing Costco and Coca-Cola. He emphasized that this figure may still be a 'conservative estimate,' considering Tether's growing reserves of Bitcoin and gold. Nevertheless, the company maintains a humble attitude and is excited about the next stage of development.

However, Tether's competitor Circle (the issuer of USDC) has just gone public, currently valued at $21 billion.