Tether Eyes Massive $20 Billion Raise at $500 Billion Valuation

Tether Holdings SA, the issuer of the world's largest stablecoin, USDT, is reportedly in talks to raise between $15 billion and $20 billion in a private placement. This significant capital raise could potentially value the El Salvador-based company at an astounding $500 billion, placing it among the most valuable private companies globally.