[Tether Valuation Study: Potential Financing Could Rank as the World's Fourth Largest Financial Institution]
According to reports, Tether plans to conduct a financing round of $15-20 billion, with a valuation reaching $500 billion. If successful, Tether would become the world's fourth-largest financial services company, surpassing giants like Bank of America, Industrial and Commercial Bank of China, and Wells Fargo. This study highlights the potential market size of the stablecoin sector and its competitiveness against traditional financial institutions. (Messari)