Tether is reportedly planning to tokenize equity at a valuation of $500 billion, marking a significant move in its global expansion strategy. As USDT continues to dominate as a global reserve currency, particularly in emerging markets, Tether is focusing on enhancing its ecosystem through new USDT-native blockchains like Plasma and Stable. These blockchains aim to capture MEV and transaction fees, reinforcing the USDT network's value. Despite competition from USDC in DeFi and institutional sectors, USDT remains the preferred stablecoin for retail users, leveraging its network effects and decade-long market presence. Tether's strategic initiatives are designed to solidify its position and expand its influence in the cryptocurrency market.