Tether Eyes $500 Billion Valuation Amidst Major Fundraising Efforts
- Tether, issuer of the largest stablecoin USDT, may surpass Saudi Aramco in profitability.
- Bitwise CIO Matt Hougan suggests Tether's growth is fueled by access to global currency and money markets.
- Tether has over 400 million users worldwide and growing wallet numbers, strengthening its presence in developing countries.
Financial Strength and Diversification
- As of Q2 2025, Tether holds $127 billion in US Treasury bonds, among the top 20 holders globally.
- Potential for managing trillions in assets if emerging markets increasingly adopt USDT.
- Tether could surpass Saudi Aramco’s $120 billion profit record for 2024.
- Projected earnings of $13 billion this year with holdings of over 100,000 BTC valued at $11.4 billion.
- Diversified investments in AI, telecommunications, data centers, energy infrastructure, and Bitcoin mining.
Expansion and Market Impact
- Tether evaluating a fundraising round of $15-20 billion for a 3% stake, potentially valuing the company at $500 billion.
- Funds aimed at expanding strategies in AI, commodity trading, energy, and communications.
- Rivalry with major private firms like SpaceX and OpenAI expected if the deal materializes.
- Plans to re-enter the US market following pro-crypto policies.
$1B BTC Purchase
- Tether purchased 8,888.889 BTC worth $1 billion on the last day of Q3 2025.
- BTC trading at $113,000 with recent minimal movement and low buying pressure.
