Tether Cuts $20B Fundraising Amid Concerns

Tether Adjusts Fundraising Plans Amid Valuation Concerns

• Tether reevaluates its funding round, initially set at $20 billion, due to skepticism over its $500 billion valuation.
• The company may now aim to raise as little as $5 billion following investor pushback.
• CEO Paolo Ardoino clarified the original figure was a maximum offer and not a necessity for Tether.
• Tether’s strong profitability is highlighted by over $10 billion in net profits and excess reserves of $6.3 billion in Q4 and full-year 2025.
• Total assets reached nearly $193 billion, with USDT circulation hitting a record $186 billion after issuing nearly $50 billion in new tokens during the year.

Tether, the largest stablecoin issuer, is scaling back its planned fundraising from an initial target of up to $20 billion to possibly just $5 billion due to valuation concerns. Despite this adjustment, Tether remains financially robust with significant profits and asset growth.