EddieJayonCrypto
26 Sep 25
Tether's $15-20 billion fundraising round could value the stablecoin giant at $500 billion, backed by SoftBank and Ark Invest. The move aims to solidify Tether's role as a bridge between crypto and traditional finance, while launching USAT and hiring political allies to challenge rivals like USDC.
Tether is making waves in the crypto world, with a $15 billion to $20 billion fundraising round that could value the stablecoin giant at a staggering $500 billion. The talks involve SoftBank and Ark Invest, two powerhouses in tech investment, signaling a major shift in how traditional finance views crypto. This move isn’t just about cash—it’s a bid to cement Tether’s role as a bridge between digital assets and the mainstream financial system. Tether’s strategy is clear: expand its influence while boosting credibility. The company recently launched USAT, a U.S.-compliant stablecoin aimed at challenging Circle’s USDC. Adding Bo Hines, a former advisor to Donald Trump, as a strategic advisor underscores its push for political and regulatory acceptance. Meanwhile, SoftBank—known for bets on OpenAI and autonomous tech—sees potential in Tether’s $174.2 billion USDT, which dominates 63% of the stablecoin market. Ark Invest, which has backed rivals like Circle, is also in the mix, highlighting the competitive yet collaborative nature of this space. The funding round, advised by Cantor Fitzgerald, could redefine crypto valuations. Tether’s business model—earning interest on reserves held in U.S. Treasuries—has already generated $5.7 billion in year-to-date profits. But this deal isn’t just about numbers. It’s about legitimacy. With traditional finance players like SoftBank and Ark Invest stepping in, Tether’s $500 billion valuation could set a new benchmark, attracting more institutional players to stablecoins. Yet questions linger. Can Tether maintain its dollar peg amid regulatory scrutiny? Will USAT dethrone USDC? For now, Tether’s move feels like a game-changer. As the line between crypto and traditional finance blurs, one thing is clear: the next chapter of money is being written with a mix of innovation, ambition, and a dash of old-school finance. What do you think? Is Tether the future of stablecoins—or just another bubble waiting to pop?