CoinDesk Podcast Network USDT Issuer Tether Looking to Raise Up to $20B: Report | CoinDesk Daily
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Sep 24, 2025 Tether is making headlines with plans to raise up to $20 billion, potentially landing a staggering $500 billion valuation. This places the company among tech giants like OpenAI and SpaceX. Additionally, the CFTC is considering allowing stablecoins as collateral for derivatives, marking a significant shift in regulatory outlook. Meanwhile, Bitcoin faces challenges as it drops below key support levels, sparking conversations about liquidity and market resilience. Tune in to explore the intersection of finance and innovative technology!
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Tether's Potential $500B Valuation
- Tether is reportedly planning a massive private equity raise that could value it near $500 billion.
- Bloomberg says the talks are early and the final raise could be significantly lower.
USDT Market Dominance
- Tether's USDT is the largest stablecoin with a market cap around $172.8 billion.
- A $15–$20 billion equity raise would put the company alongside OpenAI and SpaceX in valuation terms.
CFTC Moves Toward Stablecoin Collateral
- The CFTC is seeking industry input to allow stablecoins as tokenized collateral for derivatives margin.
- Acting chief Caroline Pham argues collateral management is the killer app for stablecoins.