X @Bankless

Already the world’s top stablecoin issuer with $170B+ in USDT reserves, Tether is reportedly chasing a record valuation on par with OpenAI—potentially the biggest in crypto history.Here’s how it sizes up and why investors are justifying this monumental raise👇~~ Analysis by @JackInabinet ~~Tether’s TimeAccording to a Bloomberg News report last Wednesday, crypto stablecoin issuer @Tether_to is seeking to raise $15B to $20B from private investors for a 3% stake, valuing the company above $500B. The deal involv ...