Tether Seeks $15–20B Equity at $500B Valuation, USAT Debut
Tether is in talks to raise $15–20 billion by selling roughly 3% of its equity at a $500 billion valuation. USDT’s market cap has topped $172 billion, securing over 60% of the stablecoin supply. The issuer reported a 99% profit margin and holds $162.5 billion in reserves. Proceeds will fund expansion into stablecoin issuance, distribution networks, AI applications, commodity trading, energy and media. Tether also plans to boost U.S. compliance under the GENIUS Act with the launch of USAT, a U.S.-focused stablecoin issued via Anchorage Digital. Former White House crypto advisor Bo Hines will serve as USAT’s CEO. Cantor Fitzgerald, a Federal Reserve primary dealer and Tether’s custodian, advises on the deal. This funding round aims to strengthen Tether’s governance, transparency and reserves auditing. For crypto traders, the equity raise and USAT debut signal Tether’s push for institutional backing and U.S. market legitimacy, potentially reinforcing USDT’s market position and supporting bullish momentum.
Bullish
Tether’s planned $15–20 billion equity raise at a $500 billion valuation and the launch of USAT strengthen its balance sheet, governance and U.S. compliance. Institutional backing via Cantor Fitzgerald and Anchorage Digital enhances credibility. For traders, these moves support USDT’s market dominance and may drive demand, fostering both short-term bullish momentum and long-term confidence in Tether’s stability.