Tether Pursues A $500B Valuation With Recent Fundraising Effort

Tether is aiming to secure $20 billion from investors, potentially elevating its valuation to nearly $500 billion, thereby placing it on par with tech titans such as OpenAI and SpaceX.

As reported in a Bloomberg article from 23 September 2025, Tether intends to sell roughly 3% of its equity through private agreements, setting its sights on raising between $15 billion and $20 billion.

This arrangement will bring in new funds through fresh shares rather than allowing existing investors to cash out. The advisory role is being led by Cantor Fitzgerald, a prominent financial services institution headquartered in New York City.

If this initiative succeeds, it would signify a significant achievement for Tether. In light of this development, Tether’s CEO, Paolo Ardoino, announced on X that the company is engaging with a select cadre of “high-profile key investors.”

Tether is assessing a raise from a chosen group of high-profile key investors, aimed at amplifying the scale of the Company’s strategy across all existing and new business lines (stablecoins, distribution ubiquity, AI, commodity trading, energy, communications, media) by several…

— Paolo Ardoino (@paoloardoino) September 24, 2025

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Tether Valuation Soars While Dominating Stablecoin Market

Tether’s valuation currently stands at about $172 billion with a trading market cap that reflects its leading status. For those unfamiliar, Tether is the entity behind USDT, the largest dollar-pegged crypto asset. The closest competitor, Circle’s USDC, follows with a valuation of $74 billion.

The business generates revenue by strategically investing its reserves in low-risk assets such as U.S. Treasury securities. In July 2025, it announced an impressive profit of $4.9 billion for the second quarter, with Ardoino claiming profit margins nearing 99%.

It is important to note that Tether is not a publicly traded entity, hence it does not adhere to conventional financial disclosure requirements.

According to Bloomberg’s report, potential investors in Tether’s new funding round have been granted access to private data. The article also mentions that the transaction could be finalized by year-end, contingent upon the completion of final negotiations.

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Tether Sets Sights on US Market Resurgence As Investors Examine Risks And Growth Strategies

Tether is preparing for a comeback in the US crypto market. The company is introducing a new dollar-backed crypto token named USA₮ and has selected Bo Hines, a former White House crypto asset advisor, to spearhead the initiative.

In August, commenting on this transition, Ardoino remarked, “I believe it’s a very thrilling time because we have faced intense competition from rivals aiming to establish a monopolistic landscape in the United States.”

“We assert that Tether is the premier product available in the crypto market,” he concluded.

JUST IN: Tether to introduce USDT on BTC via RGB. pic.twitter.com/DgIkAYeuiy

— Fiat Archive (@fiatarchive) August 28, 2025

This shift occurs as US regulations increasingly favor stablecoins, with the GENIUS Act likely paving the way for banks and technology companies to issue their own tokens.

Tether’s relationship with US regulators has been rocky in the past. The company faced a $41 million fine in 2021 regarding reserve disclosures and largely stayed away from the US until now.

Nevertheless, with the current administration under President Donald Trump being pro-cryptocurrency, the regulatory landscape has significantly altered.

Additionally, Tether plans to acquire more US Treasury securities in the future, with Treasury Secretary Scott Bessant indicating that stablecoin issuers could play a crucial role in helping finance US government expenditures by absorbing substantial amounts of debt.

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