According to Bloomberg, SoftBank and ARK are in talks to participate in Tether's major funding round. Tether, the world's largest stablecoin issuer, aims to raise up to $20 billion at a $500 billion 0 successful, the deal could make Tether one of the world's most valuable private companies, in the same league as companies like OpenAI and 1 company aims to raise between $15 billion and $20 billion through a private placement, equivalent to about 3% of the company's total 2 News: Korean Man Claiming to Have the Highest IQ Reveals His Bitcoin Price Prediction The talks are still in the early 3 company's closest competitor, Circle, has a market capitalization of around $30 billion.
Tether's USDT, with a market capitalization of $172 billion, is the world's largest stablecoin. Circle's USDC, with a market capitalization of around $74 billion, comes in second. Circle, currently listed on the NYSE, has gained 51% in the last six months. *This is not investment 4 Reading: Development in Claim That Would Significantly Impact the Market if Realized for Tether: Two More Companies in Talks
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