Group 1 - Tether Holdings SA, the largest stablecoin issuer globally, is negotiating with investors to raise up to $20 billion, potentially positioning the company among the most valuable private firms in the world [1] - The company is seeking to exchange approximately 3% of its shares for $15 billion to $20 billion in funding, with the valuation possibly around $500 billion [1] - Despite increasing competition and threats from declining U.S. interest rates, this achievement is significant for Tether, especially compared to its publicly listed competitor Circle, which has a market cap of about $30 billion [1] Group 2 - Tether's USDT token is pegged to the U.S. dollar, with a market capitalization of $172 billion, making it the largest stablecoin, while the second-largest, Circle's USDC, is valued at approximately $74 billion [2] - Tether generates substantial wealth by earning interest on its reserves, which include cash-like assets such as U.S. Treasury bonds, reporting a profit of $4.9 billion in the second quarter [2] - The company has been working to re-enter the U.S. market, recently announcing a regulatory stablecoin plan and appointing former White House cryptocurrency official Bo Hines to lead it [2] Group 3 - Tether has been notably absent from the U.S. market due to regulatory conflicts, including a $41 million settlement in 2021 over false statements regarding its reserves [3] - Potential investors have recently gained access to a data room to evaluate participation in the new funding round, which is expected to close by the end of the year [3]
加密巨头Tether被曝拟融资200亿美元,试图跻身5000亿估值俱乐部
Jin Shi Shu Ju·2025-09-24 02:45