Tether, the current heavyweight champ of stablecoin issuers, is reportedly eyeing a jaw-dropping $20 billion raise — a move that could catapult its valuation into the stratosphere at a cool half-trillion dollars. Stablecoin Issuer Tether Eyes Capital Raise Stablecoins aren’t just a sideshow anymore — since Jan. 1, 2024, defillama.com stats show the fiat-pegged crowd […]
Source: https://news.bitcoin.com/stablecoin-giant-tether-pursues-capital-boost-targeting-500b-throne/