Stablecoin Giant Tether Pursues Capital Boost, Targeting $500B Throne

CN
4 hours ago

Stablecoins aren’t just a sideshow anymore — since Jan. 1, 2024, defillama.com stats show the fiat-pegged crowd has bulked up by nearly $165 billion in just 631 days, turning pocket change into a financial heavyweight division.

Tether sits on the stablecoin throne, commanding 58.69% of the sector’s total value like it owns the place. As of Wednesday, Sept. 24, 2025, tether’s ( USDT) overall market cap stands at a whopping $173 billion.

On Tuesday, Bloomberg dropped a bombshell: Tether is gearing up to snag at least $20 billion in fresh capital — a play that would crown it one of the most valuable private companies on the planet, rubbing shoulders with heavyweights like OpenAI. The deal, according to Bloomberg, would be all about new equity, not old hands cashing out, with Cantor Fitzgerald steering the ship as lead adviser.

After the Bloomberg splash, Tether CEO Paolo Ardoino stepped in to confirm the chatter — yes, the company is kicking the tires on a capital raise. “Tether is evaluating a raise from a selected group of high-profile key investors, to maximize the scale of the Company’s strategy across all existing and new business lines (stablecoins, distribution ubiquity, AI, commodity trading, energy, communications, media) by several orders of magnitude,” Ardoino shared on X.

If Tether pulls this off, it won’t just be minting more credibility in the stablecoin arena — it’ll be planting its flag among the world’s corporate titans. A half-trillion valuation would cement its status as more than just crypto’s cash box, but a financial behemoth with tentacles stretching into AI, commodities, and beyond. Love it or loathe it, Tether’s bid proves one thing: the stablecoin king isn’t thinking small.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink