Reported about 5 hours ago
Tether Holdings SA, the issuer of the largest stablecoin globally, is negotiating with investors to raise between $15 billion and $20 billion, valuing the firm at approximately $500 billion. This move could elevate Tether to join the ranks of high-value private companies like OpenAI and SpaceX. The company aims to expand its operations in various fields, including stablecoins, AI, and commodities, as it prepares for a potential return to the U.S. market following previous regulatory challenges.
Source: YAHOO