Tether’s $500 Billion Fundraising Retreat Stokes Speculation—Is an IPO Ever Coming?
Tether, issuer of the $185 billion USDT stablecoin, has dramatically scaled again its non-public fundraising ambitions. It raises doubts a couple of potential IPO as soon as fueled by hypothesis from crypto insiders like BitMEX co-founder Arthur Hayes. Investor Pushback Forces Tether to Reassess Funding Ambitions Tether was initially exploring a $15–20 billion increase at…
