Stablecoin Giant Tether Pursues Capital Boost, Targeting $500B Throne

Tether, the current heavyweight champ of stablecoin issuers, is reportedly eyeing a jaw-dropping $20 billion raise — a move that could catapult its valuation into the stratosphere at a cool half-trillion dollars. Stablecoin Issuer Tether Eyes Capital Raise Stablecoins aren’t just a sideshow anymore — since Jan. 1, 2024, defillama.com stats show the fiat-pegged crowd […]