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25 Sep 2025

Too late to Catch Up? Euro Stablecoin initative.

Tether eyes a $500B valuation as it reportedly seeks to raise $20B, while U.S. regulators investigate potential insider trading at DATs. In trending topics, nine eurozone banks unveil a joint stablecoin initiative to challenge USD’s 99.8% market dominance
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Tether seeking $500bn valuation?
Tether is reportedly in talks to raise up to $20 billion at a staggering $500 billion valuation, which would position it among the world’s most valuable private companies, alongside OpenAI and SpaceX. The deal, led by existing shareholder Cantor Fitzgerald would involve new equity rather than secondary sales, though insiders caution the fundraising targets may not be final. Tether, the largest stablecoin issuer with $172 billion in USDT supply, recently announced plans for a USD-pegged stablecoin for the U.S. market, but its CEO has publicly denied any fundraising efforts. The firm posted a $4.9 billion net profit in Q2 2025, reinforcing its status as one of crypto’s most profitable entities.
SEC and FINRA probe DATs
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