Pin it! CEO Confirms Talks With Select Investors
Tether’s CEO, Paolo Ardoino, confirmed in a post on X (formerly Twitter) that the company is evaluating opportunities to raise funds from a carefully chosen group of prominent investors. He did not disclose additional details.
Dominance in the Stablecoin Market
Tether’s flagship product, the USDT stablecoin, remains the largest digital dollar-pegged token globally, with a market capitalization of $173 billion (CoinGecko data). Stablecoins like USDT play a critical role in crypto markets by offering price stability and enabling seamless transfers between digital and fiat assets.
Added in Cryptocurrency, Cryptocurrency
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