Tether is ambitiously aiming for a $500 billion valuation, positioning itself as one of the world's most valuable private companies. CEO Paolo Ardoino has made the U.S. central to Tether's expansion, with support from Trump administration allies, including Commerce Secretary Howard Lutnick. Tether has launched a new token in the U.S. and is intensifying lobbying efforts in Washington.
The company plans to complete a full audit by 2026, engaging with Big Four accounting firms. Tether reported profits exceeding $10 billion last year and holds approximately $122 billion in U.S. Treasury bonds, ranking as the 17th largest holder globally. Additionally, Tether is promoting its USAT token in the U.S. and has invested in over 140 projects across AI, energy, and brain-computer interfaces.
Tether Targets $500 Billion Valuation, Plans Full Audit by 2026
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