Tether Eyes $15–20 Billion Capital Raise, Potential $500 Billion Valuation

Tether, the company behind the world’s largest stablecoin USDT, is reportedly preparing for a major funding round that could reshape its position in the global crypto and fintech landscape. CEO Paolo Ardoino revealed on Wednesday that the firm is considering raising between $15 billion and $20 billion from a group of high-profile investors, a move that could value Tether at an astonishing $500 billion, according to a Bloomberg report.

In a post on X, Ardoino explained that the potential deal would accelerate Tether’s expansion strategy across multiple sectors. Beyond its dominance in stablecoins, the company is looking to scale operations in artificial intelligence, commodity trading, payments, and global distribution networks. He emphasized that the company aims to grow its impact “by several orders of magnitude,” signaling a broader vision than just being a crypto market leader.

The proposed funding round is said to involve selling about a 3% equity stake in the company. If successful, this would rank Tether among the world’s most valuable privately held companies, alongside household names such as OpenAI and SpaceX. Such a valuation underscores the increasing importance of stablecoins in global finance, particularly as adoption grows across trading platforms, decentralized finance (DeFi), and cross-border payments.

Launched in 2014, Tether’s USDT has become the most widely used stablecoin, acting as a bridge between digital assets and traditional finance. With a circulating supply in the hundreds of billions, it plays a critical role in crypto trading, lending markets, and settlement systems worldwide.

While Ardoino did not disclose the identities of potential investors or provide a specific timeline for the capital raise, industry observers note that such a massive funding round would mark a turning point for both Tether and the broader cryptocurrency sector. If completed, it would reinforce the company’s influence as a key player driving innovation in digital assets, financial infrastructure, and beyond.