Tether targets a historic $500 billion valuation in private funding round

Tether Holdings SA, the company behind the world’s largest stablecoin, USDT, is reportedly in early-stage discussions with investors to secure a massive capital raise that could propel its valuation to $500 billion, thereby placing it among the most valuable private companies globally. The move signals Tether’s aggressive expansion beyond its stablecoin dominance and into new sectors, challenging tech titans like OpenAI and SpaceX.