Tether Plans to Complete Full Audit by 2026, Valuation Target at $500 Billion

Odaily News Tether CEO Paolo Ardoino stated that the company plans to complete a full audit by the end of 2026 and is currently in communication with the Big Four accounting firms. Tether disclosed that its profit last year exceeded $10 billion, and it currently holds approximately $1.22 trillion in U.S. Treasury bonds, making it the 17th largest holder of U.S. Treasuries globally. Furthermore, Tether is promoting its compliant token USAT in the U.S. market and has made over 140 investments in fields such as artificial intelligence, energy, and brain-computer interfaces. Tether is also attracting investors worldwide, aiming to establish a company valuation of $500 billion, which would make it one of the highest-valued private companies globally. (Bloomberg)