Tether's $20B Raise: Stablecoin Giant Eyes Tech Titan Status

Tether eyes a massive $20 billion raise, potentially valuing the stablecoin giant at $500 billion! Is Tether about to become the next tech titan alongside OpenAI and SpaceX? Despite leadership downplaying the plans, sources say the raise is in early stages, with Cantor Fitzgerald advising and investors already eyeing Tether's financials. With a U.S.-specific stablecoin on the horizon and a booming market cap, could this be Tether's ultimate power play in crypto and global finance? Hosted on Acast. See acast.com/privacy for more information.