Tether’s $500 Billion Fundraising Retreat Stokes Speculation—Is an IPO Ever Coming?

Tether, issuer of the $185 billion USDT stablecoin, has dramatically scaled back its private fundraising ambitions. It raises doubts about a potential IPO once fueled by speculation from crypto insiders like BitMEX co-founder Arthur Hayes. Investor Pushback Forces Tether to Reassess Funding Ambitions Tether was initially exploring a $15–20 billion raise at a $500 billion valuation. The figure would have placed the stablecoin issuer among the world’s most valuable private firms source: https://beincrypto.com/tether-ipo-fundraising-cut/