The CEO of stablecoin leader USDT agreed in a post to the community today: If Tether goes public, the valuation is expected to challenge $515 billion. (Synopsis: Tether launched its own AI platform QVAC: support P2P, encrypted payment, local operation of high privacy, the first applications will be unveiled) (Background supplement: Tether Q1 report: holding nearly $120 billion in U.S. debt to break records, making $1 billion in a single quarter) Paolo Ardoino, CEO of stablecoin giant USDT, retweeted a post on X this morning (8) suggesting that if Tether goes public, its valuation is expected to reach $515 billion. That number would make Tether the 19th largest company in the world and surpass traditional industry heavyweights like Costco and Coca-Cola. Ardoino even thinks the valuation is "probably a little conservative," but stresses that the company wants to remain humble. Tether valuation at 515B is a beautiful number. Maybe a bit bearish considering our current (and increasing) Bitcoin + Gold treasury, yet I'm very humbled. Also truly excited for the next phase of growth of our company. Thank you everyone — Paolo Ardoino (@paoloardoino) June 7, 2025 USDT Market Cap Over $150 Billion With a market cap of about $154.8 billion, Tether dominates the stablecoin market, but when someone asks Tether since it's doing so well, When asked why not go public, Paolo Ardoino simply replied: there is no need to go public. That's in stark contrast to the strategy of its rival Circle (USDC) officially going public this week. (CRCL (NYSE) IPO (IPO) on the New York Stock Exchange performed brilliantly, hitting $123.51 on the second day of listing, nearly four times the offering price of $31. The market cap came to $25.1 billion. The IPO raised nearly $1.1 billion for Circle and set a record for the best listing of a cryptocurrency company in recent times. Will Tether go public? We know that the main source of profit for Tether's USDT is to take users' dollars to buy U.S. bonds or other cash equivalents and get interest from them. Due to the large size of USDT and the high yield of US bonds in recent years, Tether has made a lot of money. According to Tether's transparency report, the company currently holds more than 100,000 bitcoins (worth more than $10 billion) and more than 50 tons of gold (worth about $6 billion), plus diversified investments in various fields, to be honest, there is really no need to go public, otherwise it will need to meet a large number of regulatory needs in order to cooperate with the listing. Related reports Tether announces its own AI platform: supports USDT and Bitcoin payments, open source & no API key, features Tether Q1 report: holding nearly $120 billion in U.S. debt broke the record, and made $1 billion in a single quarter Three minutes to understand USDT0: Is Tether's cross-chain stablecoin reliable? "Tether CEO: USDT can exceed $510 billion if it goes public (surpassing Costco and Coca-Cola), but there is no need for an IPO at present" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".
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Tether CEO: If USDT goes public, its valuation could exceed $510 billion (surpassing Costco and Coca-Cola), but there is currently no need for an IPO.
The CEO of stablecoin leader USDT agreed in a post to the community today: If Tether goes public, the valuation is expected to challenge $515 billion. (Synopsis: Tether launched its own AI platform QVAC: support P2P, encrypted payment, local operation of high privacy, the first applications will be unveiled) (Background supplement: Tether Q1 report: holding nearly $120 billion in U.S. debt to break records, making $1 billion in a single quarter) Paolo Ardoino, CEO of stablecoin giant USDT, retweeted a post on X this morning (8) suggesting that if Tether goes public, its valuation is expected to reach $515 billion. That number would make Tether the 19th largest company in the world and surpass traditional industry heavyweights like Costco and Coca-Cola. Ardoino even thinks the valuation is "probably a little conservative," but stresses that the company wants to remain humble. Tether valuation at 515B is a beautiful number. Maybe a bit bearish considering our current (and increasing) Bitcoin + Gold treasury, yet I'm very humbled. Also truly excited for the next phase of growth of our company. Thank you everyone — Paolo Ardoino (@paoloardoino) June 7, 2025 USDT Market Cap Over $150 Billion With a market cap of about $154.8 billion, Tether dominates the stablecoin market, but when someone asks Tether since it's doing so well, When asked why not go public, Paolo Ardoino simply replied: there is no need to go public. That's in stark contrast to the strategy of its rival Circle (USDC) officially going public this week. (CRCL (NYSE) IPO (IPO) on the New York Stock Exchange performed brilliantly, hitting $123.51 on the second day of listing, nearly four times the offering price of $31. The market cap came to $25.1 billion. The IPO raised nearly $1.1 billion for Circle and set a record for the best listing of a cryptocurrency company in recent times. Will Tether go public? We know that the main source of profit for Tether's USDT is to take users' dollars to buy U.S. bonds or other cash equivalents and get interest from them. Due to the large size of USDT and the high yield of US bonds in recent years, Tether has made a lot of money. According to Tether's transparency report, the company currently holds more than 100,000 bitcoins (worth more than $10 billion) and more than 50 tons of gold (worth about $6 billion), plus diversified investments in various fields, to be honest, there is really no need to go public, otherwise it will need to meet a large number of regulatory needs in order to cooperate with the listing. Related reports Tether announces its own AI platform: supports USDT and Bitcoin payments, open source & no API key, features Tether Q1 report: holding nearly $120 billion in U.S. debt broke the record, and made $1 billion in a single quarter Three minutes to understand USDT0: Is Tether's cross-chain stablecoin reliable? "Tether CEO: USDT can exceed $510 billion if it goes public (surpassing Costco and Coca-Cola), but there is no need for an IPO at present" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".