04.04.2026 08:25

Tether has once again captured the spotlight after an online report suggested the company might postpone a planned capital‑raising effort if investor enthusiasm falls short of expectations.

According to the source, the stablecoin issuer is courting commitments for a fundraising round that would value it at a staggering $500 billion. The same outlet noted that Tether has engaged KPMG to conduct its inaugural comprehensive audit of USDt’s financial statements, underscoring the firm’s intent to bolster transparency as it scales.

The timeline is tight: the report indicated that Tether is urging potential backers to pledge within the next fortnight, while also warning that the raise could be delayed if the demand does not meet the projected threshold.

Tether’s search for fresh capital began in late 2025, and although some investors remain wary of the lofty valuation, the target would elevate the company to the ranks of the world’s largest financial institutions—provided the deal proceeds as outlined.

At $500 billion, the valuation would surpass every U.S. bank except JPMorgan Chase, whose market value hovers near $794.55 billion; Bank of America follows at roughly $352.86 billion, according to the figures cited.

USDt remains the dominant stablecoin by market value, boasting a cap of about $184 billion. In addition to its flagship token, Tether offers products such as Tether Gold and Tether EURt, reflecting its broader product strategy.

The fundraising chatter signals Tether’s ambition to diversify beyond stablecoins, venturing into multiple business verticals.

Earlier this year, a Bloomberg piece from September 2025 revealed that Tether was contemplating a $20 billion raise, potentially through a private placement that would grant a 3% stake to investors, with Cantor Fitzgerald positioned as the lead adviser.