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Tether CEO Snubs IPO, Says $515B Valuation Is 'a Bit Bearish’

  • On June 9, 2025, Paolo Ardoino, CEO of Tether, announced that the company does not intend to pursue a public valuation of the USDT stablecoin issuer in the near future.
  • This clarification followed market speculation amid a turbulent cryptocurrency environment marked by uncertain regulatory and economic conditions.
  • Tether's stablecoin, USDT, remains critical for crypto liquidity and blockchain platform operations, focusing attention on the company's decisions and stablecoin stability.
  • Ardoino’s announcement impacts investor perception and sparked discussions about transparency, while warnings emphasize that crypto investments carry high risks and possible total loss.
  • The absence of public valuation plans suggests Tether maintains its current approach as the crypto market evolves, leaving the immediate future of USDT closely watched by stakeholders.
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Tether CEO snubs IPO, says $515B valuation is 'a bit bearish’

·United States
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Yesterday, Paolo Ardoino, CEO of Tether, intervened directly on X (formerly Twitter) to react to speculations around a potential introduction to the stock exchange. Despite a theoretical valuation estimated at 515 billion dollars, he cut short the rumors, claiming that Tether did not intend to open up its capital to the public in any way. L'article Crypto: Tether refuses IPO despite an estimated valuation of 515 billion dollars appeared first on…

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coinstats.app broke the news in on Sunday, June 8, 2025.
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