Analyst: Circle's IPO Valuation Reaches $45 Billion, Tether Could Exceed $500 Billion if Listed
On June 21, analysts stated that Tether is expected to achieve $7.4 billion in EBITDA by 2025. Using the current 69.3x valuation multiple of Circle (the parent company of USDC), Tether’s potential valuation could reach as high as $515 billion. Currently, USDT has a market capitalization of approximately $155 billion, with 420 million users worldwide, covering emerging markets and high-inflation countries, and is widely used for savings and payments.
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