Once upon a time, in the twisty-turvy world of digital money, lived a beast called Tether. It isn’t just any beast-it’s the biggest stablecoin creature you’ve ever seen, puffing up with plans to gobble up a colossal $500 billion valuation. Paolo Ardoino, the head honcho who wears many hats (and probably a cape too), spilled the beans on this daring quest.
This cheeky gang from El Salvador is plotting to snatch between $15 and $20 billion by selling a teeny-tiny sliver-a mere 3%-to some very fancy folks behind closed doors. Bloomberg wrote it down, so it must be true!
“Tether is sizing up a treasure hunt from an exclusive clan of big-shot investors, aiming to unleash the full power of our wizardry across stablecoins, AI (yes, robots!), trading of shiny things, energy zap, chitchat and media tricks by several…”
– Paolo Ardoino 🤖 (@paoloardoino) September 24, 2025
Paolo, who tweets like a digital wizard, says they’re picking only the crème de la crème investors for this magic show. Why? To make Tether so enormous it can conquer not just stablecoins, but also AI, commodities, energy, and even the maddening world of media. Secondary sales? Pfft, they’re all about fresh new shiny equity.
Tether Dreams Big-Bigger Than Your Grandma’s Cookie Jar
If this deal goes kaboom, Tether could suddenly be strutting around with a price tag that makes tech giants like OpenAI and SpaceX look like shy kittens. OpenAI recently crowed its $300 billion valuation, so Tether wants to one-up that by quite a bit.
Down in the U.S. of A, Tether just hired a fancy new boss for their American shenanigans and cooked up something called USAT-sounds official, right? This comes as lawmakers flirt with crypto rules under the mysteriously named GENIUS Act (are they genius? We’ll see).
According to the coin-whisperers at CoinMarketCap, USD Tether (USDT) is already the biggest fish in the stablecoin pond, swimming past $172 billion market cap. Its poor rival, Circle’s USDC, trails behind at $74 billion. Ouch.
Sure, Tether has been called all sorts of naughty names by gossipmongers claiming it’s the crypto choice for the villainous villains. But like a prickly hedgehog, it’s been puffing up its legitimacy and planting flags all over the globe.
If this crazy fundraising actually happens, it’ll be one of the biggest crypto treasure hunts ever, letting Tether grow legs, arms, and maybe even a jetpack to zoom across new crypto galaxies.
But hold onto your hats! These plans are still baby-babies, wobbly and unsure-the final deal could still change more than a chameleon at a disco party. One thing’s clear: Tether isn’t just playing around anymore. The digital money jungle is their playground, and they’re coming to win.
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2025-09-24 12:38