Tether has become the backbone stablecoin fueling cryptocurrency trading. Its success with liquidity is a huge win not just for Tether but for Bitcoin and other cryptos too. Now, Tether's reached a whole new level. What’s everyone’s take on this latest development and the recent fundraising efforts by the team?
Tether is the most used trading pair, the volume surpass USDC or any other stablecoin combined by multiple fold. It's not a surprise that they could raise at very high valuation, after all others did too and even with worse metrics.
Just in 2025 alone they are able to clear a net profit of $10 billion, that kind of profit is really massive.
If they can push for more transparency for their audit and become better compliance, they'd get even bigger in no time.
Just imagine if they could somehow clears up the rumours or even misunderstanding about the lack of proper audit, or the rumour about insufficient reserves, everybody would be back converting their money from other stablecoin to USDT.
Like it or not they are still dominating the stablecoin market by a lot. The others hardly gaining traction.
I've no opinion on this, I agree that $USDT has positive impact on the crypto industry in general. Now Tether (USDT) is ranked #3 on Coinmarketcap with over $184B in capitalization. They & other stablecoin issuing companies are printing a lot of dollars every day, which is good for me, especially those who pay attention to the price of Bitcoin (BTC).
Bitcoin will definitely gain alot from this long term money printing and government controlled stable coins as the decentralized alternative, Bitcoin is position to always be at gain as the volume of stable coins and the trust in their community keep increasing.
Yes, stablecoin is the main bridge contributing liquidity in the crypto industry. While on the one side we dislike them for their centralization in their system, we can't deny that Bitcoin (BTC) & the industry as a whole would not be as big as it's today without stablecoins. The more stablecoins issued, the stronger the crypto market, which in turn strengthens the price of Bitcoin (BTC).
Demands for stable coin will always flow in from trader's and exchange, this keep their relevance in the market so I am not supprise to see such surge in liqudities, alot is even expected to happen as recently US Bank begins intermidarey service between cryptocurrency and customer crypto exchange like coinbase are getting status upgrades to becoming crypto bank with license, all that will increase the demand for Tether.
I know that Tether is a really successful company, but half a trillion dollars almost seems like too optimistic of a valuation. I guess investors have seen their recent growth and really believe that they can make a good return. In the coming years they will have increasing competition from stablecoins that pass on the underlying yield to their users, so I am not sure that they will continue to be so dominant. Their success comes mainly from entering the market so early and is not so much about having a better product.
This kind of theory ain't relevant anymore. It's even contradicted with the reality that Tether used its profit to buy as many bitcoin as they can. I've been hearing people said same thing like you for years, and nothing happen. Otherwise, tether keeps stack as many bitcoin as they can, then put it on their bag.
I remember Tether CEO said his company owned 100k bitcoin almost a year ago. So i expect them to have more now. So accusing them to crash bitcoin is not even matching to the reality when they keep make the chart orange.
They can get as much money as they want, because they know that they will be able to actually raise that much funds, if you are nearing 500 billion dollars in holdings, then that much "cash" is something every investor wants to be part of. Think of it like it is something insurance company, most insurance companies get money, and try to be as liquid as possible so they can pay up if they have to, not that they do, but when they have to, and that's why they get great investments, same would apply in this case.
As long as the repots released by Tether Limited is real and audited by real experts and no manipulations are happening then this crypto space is safer may move forward without any any problem, if de-pegging happening, we may face big blow as one of the biggest scams of crypto space.
If they actually own up to that amount of Bitcoin then there are aware of the benefits that Bitcoin holds because as an organization with that level of exposure to funds I think the best idea for sure would be to invest as much as possible into Bitcoin to get the benefits in the latter year ahead.
I will have an opinion when this happens to a Cryptocurrency that does not have the option to freeze or steal from your own Wallet and does not run in a Centralized way. Until then, Tether could be worth a hundred Trillion for what I care. It is the same pile of crap wrapped in the cutest foil.
They won't do such things to prove credibility because they will not be able to accumulate the fortune they intend to have in a short time out of thin of air. I will never believe any audit they announce a cooperation with because it will not be in their favor to publish a negative rating.
Not to forget the token algorithm itself that is between the hands of few devs who can freeze or steal funds from any wallet. This is the worst characteristic ever made despite the benefit of acting in case of hacking. I am a loyal member in the club of those who believe that Tether is nothing but another shitcoin.
They would get this valuation easily. Tether is the #1 crypro firm with the most revenue for years. If you think binance earns enough, just know Tether earns even more. Once they show their profits from the last few years, there would be tons of investors that will be lining up to have a piece of their company. $500B is too high a valuation but I'm sure they would hit that target.
The problem with USDT is not the tether owners, not the people who are running the company, not the CEO. The problem is that it could be something else that can crash them, and they may not be able to defend it. Realize that not every company drives themselves into ground, some are doing as good as possible and then something happens which crashes them.
So while the CEO may want to get bitcoin and no idea how they have that much considering they have to have 1 to 1 backing, but even if they do, they could be great people, and still end up with putting bitcoin at risk. Because tomorrow morning we could wake up and suddenly see that Trump is attacking tether for no reason, can you say it's impossible? I can't.
Close and almost achieved, you are right tether has been around and have build alot of liquidity for themselves and the business thus this is a stage that businesses reach where giving such high expectations and hopes become very easy to achieve and even move beyond that valuation benchmark set by tether.
Interestingly, I don't see a correlation with the volatility of risky assets. It's more about the demand for liquidity in the crypto market and the business, a clear indicator of which is trading volume rather than the Bitcoin price.
To increase valuations, they didn't even wait for the Bitcoin price to recover to rebalance liquidity, while they saw a thriving business in the lending sector.
I went back to think about how much of a deal this is and it's really huge. Even though it's huge, I think tether have a really good chance of hitting their target they have a strong track record in the space and have proven that they're a highly profitable company. Heck, they're the #1 company in crypto with the highest amount of revenue in recent years due to deep embeddings their their primary product USDT has in the space.
Looking forward to buying this on hyperLiquid when it becomes available because there's no way I get in on the IPO.
So what you called something else factor? Keep being negative while you don't even know what factor that can lead tether to go down actually makes no sense.
Other than that Tether keep acquire Bitcoin to be used as their reserve to back their stable. They were also acquiring tons of gold too. As a company that generated more than 10 billions every year. It's easy for them to buy bitcoin and gold as much as they can to back their stable.
As for Trump to attack tether, it sounds impossible caused by Trum is also running his own stablecoin called USD1, which is also holding USDT tether to back his USD1.