Tether, the world’s largest stablecoin issuer $USDTis pursuing a major fundraising plan. The company is targeting a hefty $500 billion valuation and is reportedly giving investors just 14 days to commit their money or exit permanently.
Industry leaders believe the outcome of this transaction will make Tether more valuable than other large banks.
Tether’s $500 billion valuation deal
Tether is reportedly in the final stages of raising capital at a valuation of $500 billion. The company is asking investors to confirm their commitments within two weeks or exit permanently.
The two-week deadline is no longer negotiable. It’s a now-or-never ultimatum. If enough investors participate, the deal will move forward.
If not, Tether may postpone its fundraising again.
At a valuation of $500 billion, Tether would be worth more than most major U.S. banks, including JPMorgan, Goldman Sachs, Bank of America, and even Wells Fargo. The move also shows that Tether is positioning itself as more than just a service. $USDT Publishers reflect their business goals.
The trade almost disappeared once, but it won’t happen again.
This is not Tether’s first attempt to close a deal. Last year’s funding round nearly fell through. Early talks suggested raising $15 billion to $20 billion, but the company later said those numbers were only the highest possible scenario and not a fixed goal.
Concerns about transparency and the $500 billion valuation led advisers to reportedly lower their goal to about $5 billion by February 2026.
But CEO Paolo Ardoino pushed back, saying investor interest remained strong and the company was in no hurry to make an acquisition.
Tether contracts with Big Four to complete first full audit
Tether has already shown clear steps to support its $500 billion valuation. Last month, the company contracted with a Big Four accounting firm to complete its first full audit.
The company said the audit, aimed at improving transparency and investor confidence, could be the largest in financial history.
At the same time, competition is increasing as PayPal, Circle, and traditional finance companies expand their stablecoin plans.
Tether still leads the stablecoin market
Currently, Tether USDt, Tether’s stablecoin, has a market capitalization of over $184 billion, making it the world’s largest stablecoin, compared to USDC’s $32.1 billion and DAI’s $5.3 billion.
But the proposed $500 billion valuation is much higher than its current size. Industry experts say this reflects future growth and expansion of Tether beyond stablecoins.
The next two weeks could be crucial for the company.
