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In consultation with investors, Tether has raised between $15 billion and $20 billion in new funding, valued the largest Stablecoin issuer at around $500 billion, and is in the same league as Titans such as Openai and SpaceX.
According to Bloomberg, the private placement includes the issuance of new equity, with Canter Fitzgerald advising the process, offering investors about 3% stakes and cites two people who are familiar with the issue.
They warned that the final pay raise could be significantly smaller as the lecture was in its early stages.
If successful, the deal ranks as one of the biggest private funding ever, highlighting the company’s bid to control Stablecoins, even rivals such as the Circle expansion.
“Tether evaluates pay raises from a selected group of well-known major investors and maximizes the size of the company’s strategy several orders of magnitude across existing and new business lines (stubcoin, distribution, AI, commodity trading, energy, communications, media).” CEO Paolo Ardonino in X’s post.
Tether evaluates salary increases from a selected group of well-known major investors and maximizes the size of the company’s strategy across existing and new business lines (stubcoin, distribution, AI, commodity trading, energy, communications, media)…
– Paolo ardoino🤖 (@paoloardoino) September 24, 2025
The company has not yet commented on details of its funding plans. Previously at a meeting in Seoul, Beau Hines, head of Tether’s American Division, said he had no plans to raise additional capital.
Tether’s USDT has a market capitalization of $173 billion, making it the world’s largest Stablecoin. coinmarketcap data.
If funding is achieved, it marks a notable milestone for businesses with limited regulatory oversight.
The publicly available rival Circle Internet Group is currently valued at $30.1 billion.
Tether is preparing to re-enter the US market
The Bloomberg report comes after Tether recently reported a net profit of $4.9 billion in the second quarter. At the time, he said it held more than $162.5 billion in reserves against $157.1 billion in debt. Its reserves include ABOUT is $8.9 billion.
Tether is preparing to re-enter the US market, which was drawn out by President Donald Trump’s pro-crypto attitude. He recently announced plans for US-regulated Stablecoin, appointing and leading the appointment of former White House crypto staff member Bo Hines.
It is placed under the jurisdiction of the United States regardless of the based station.
According to the latest version of Genius Stablecoin Bill – Unchained pic.twitter.com/qtsxtqdi7d
– Crypto Rover (@rovercrc) May 10, 2025
Aldonino previously announced Tether’s intention to obtain the foreign issuer status of stablecoins under the requirements set out by the Genius Act. He estimated that these plans would take three years to implement.
Tether was particularly absent from the US before Trump’s second term after clashing with regulators. In 2021, we paid a $41 million fine to resolve allegations that misrepresented reserves.
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