If Tether's 500 billion USD valuation fundraising faces setbacks, the capital raising may be delayed

According to ChainCatcher, Tether is encouraging investors to participate in a new fundraising round at an estimated valuation of around $500 billion. If market demand does not meet expectations, the fundraising process may be postponed.

It is reported that the company has been exploring fundraising plans since last year, but some investors remain cautious about the valuation. If this valuation is reached, Tether's size will surpass most U.S. banks, second only to JPMorgan. Previously, the company discussed raising approximately $15 to $20 billion through private placements, but related plans remain uncertain.