Tether’s $500B Value Depends on Reserve Trust and Clear Regulations

Tether, the company behind the world’s leading stablecoin

, is said to be in preliminary talks to secure between $15 billion and $20 billion through a private share sale, which would equate to a 3% ownership stake and value the business at around $500 billion. Should the fundraising succeed, would join the ranks of major private firms such as OpenAI and SpaceX in terms of valuation, according to Bloomberg sources. Cantor Fitzgerald is reportedly leading the advisory for this transaction, though the final deal structure may differ considerably from these early figures Tether Looking to Raise Upto $20B, Bringing its Valuation to … [ 1 ].

This valuation is largely supported by Tether’s impressive financial results. In Q2 2025, the company posted a net profit of $4.9 billion, raising its total profit for the year to $5.7 billion. Tether’s financial statements also show strong liquidity, with $162.5 billion in assets compared to $157.1 billion in obligations. The company’s reserves include $8.9 billion in

holdings, highlighting its diverse asset portfolio USDt issuer Tether seeks $20B raise at $500B valuation: Report [ 2 ].

With a market cap of $172.8 billion, USDT leads the stablecoin market, making up about 56% of the total $307.2 billion stablecoin sector. Its dominance is bolstered by the increasing global use of stablecoins for affordable cross-border payments and blockchain solutions. Regulatory measures, such as the U.S. GENIUS stablecoin bill, are being introduced to enhance oversight while maintaining the dollar’s key role in the digital asset space Tether seeks $500 billion valuation, woul… [ 3 ].

This fundraising effort mirrors broader movements within the stablecoin industry. Earlier this year, Circle Internet Financial, the company behind

, went public with a valuation above $33 billion. In contrast, Tether’s private placement would be a much larger capital raise, reflecting its leading position and the growing significance of stablecoins in modern finance. Interested investors have been given access to a data room for due diligence, though insiders note the final amount raised could be much less than the $20 billion goal Tether Looking to Raise Upto $20B, Bringing its Valuation to … [ 4 ].

Experts point to Tether’s profitability and strong reserves as major advantages. While OpenAI’s potential $500 billion valuation is driven by advancements in artificial intelligence, Tether’s worth is rooted in its operational scale and vital role in providing liquidity to the crypto market. The company’s commitment to fully backing its liabilities with reserves remains a central concern for both regulators and investors, especially as stablecoin usage grows.

This initiative also signals optimism in the wider cryptocurrency sector, which has recently attracted more institutional players as regulatory frameworks become clearer in major markets. However, Tether’s lack of public financial reporting, unlike publicly listed competitors such as Circle, could make it harder to attract large-scale institutional investment. The company has not issued a statement regarding these reports, but its newly appointed U.S. CEO, Bo Hines, has previously indicated there are no immediate plans to seek additional capital USDt issuer Tether seeks $20B raise at $500B valuation: Report [ 5 ].