- Tether plans a $15-20B raise at a $500B valuation, offering a 3% stake to public investors in this round.
- Recent U.S. regulatory clarity, including the Genius Act, creates a favorable environment for Tether’s major expansion plans.
Tether is preparing to collect between $15 billion and $20 billion from public investors. This funding round would value the company at $500 billion. Tether intends to offer a three percent ownership share to raise the capital. Cantor Fitzgerald serves as the primary financial advisor for this effort.
The company aims to reinforce its standing in the stablecoin market. Digital assets are becoming more widely used, partly due to clearer regulations in the United States. President Donald Trump enacted the Genius Act earlier this year, which supports broader acceptance of cryptocurrencies. On Tuesday, the Commodity Futures Trading Commission introduced a plan to allow stablecoins in conventional derivatives contracts.
Tether’s USDT currently holds a market capitalization of about $173 billion. Its average daily trading volume reaches $96 billion. The total value of all stablecoins in circulation approaches $300 billion.
