Tether Reduces Financing Scale to $50 Billion, Clarifies Previous $200 Billion as "Maximum Sale Amount"

Odaily News: Stablecoin issuer Tether has lowered its potential financing scale from the previously market-circulated $150-200 billion to approximately $50 billion, due to some investors questioning its $500 billion valuation target.

Tether CEO Paolo Ardoino clarified in an interview that the $150-200 billion range was not the company's explicit financing goal but rather the "maximum amount of equity it was willing to sell," a statement previously misunderstood by the market. He stated that Tether's current profitability is sufficient, and the company would be "perfectly fine" even without conducting an equity financing round.

Ardoino also compared Tether to some artificial intelligence companies, saying, "Many AI companies generate profits on the same scale as us, but with a negative sign in front." Data shows that Tether's profit last year was about $10 billion, primarily derived from returns on its reserve assets, but its 2025 profit decreased by approximately 25% year-on-year.

Previous news indicated that Tether had explored financing of up to $200 billion in September 2025 based on a $500 billion valuation. (FT)