Tether is seeking to raise its valuation to $500 billion and plans to complete a comprehensive audit by the end of 2026
Tether CEO Paolo Ardoino has now made the United States the core of its expansion plans and has gained support from allies of the Trump administration, including Commerce Secretary and long-time Tether supporter banker Howard Lutnick, whose family company has also invested in Tether.
Tether launched a new token in the U.S. market this year and has strengthened its lobbying efforts in Washington. At the same time, Tether is attracting investors globally, attempting to establish a company valuation of $500 billion, making it one of the highest-valued private companies in the world.
Tether CEO Paolo Ardoino stated that the company plans to complete a full audit by the end of 2026 and is currently in communication with the Big Four accounting firms. Tether disclosed that its profits exceeded $10 billion last year and currently holds about $122 billion in U.S. Treasury bonds, making it the 17th largest holder of U.S. Treasuries globally.
Additionally, Tether is promoting its compliant token USAT in the U.S. market and has made over 140 investments in areas such as artificial intelligence, energy, and brain-computer interfaces.
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