SoftBank, Ark Invest in Talks to Invest in Tether Fundraising

Investment firms SoftBank and Ark Invest are in preliminary discussions to invest in Tether, the issuer of stablecoin USDT. This follows news that Tether seeks to raise $20 billion, potentially valuing it at $500 billion, making it one of the world's most valuable private companies.

• The stablecoin sector has grown by 40% this year, reaching a market value of $287 billion. Analysts from Citi project this could rise to $4 trillion by 2030.
• Tether's USDT leads the market with a $173 billion market cap, primarily backed by U.S. Treasuries. Tether reported $4.9 billion in profits for Q2 2025.
• Circle's USDC, the second-largest stablecoin, exceeded $70 billion in market cap and saw its stock price jump after going public.
• Tether plans to enter the U.S. market with a new dollar token, USAT, complying with the GENIUS Act, the first federal crypto law in the U.S.