Tether Hits $515B Valuation, Doubles Down on Privacy and Bitcoin Mining

Tether’s current valuation surpasses $515 billion, positioning it among the top 20 companies globally. This achievement is driven by strong financial performance, particularly in stablecoin operations. Despite this impressive figure, Tether remains private, emphasizing its focus on independent growth and operational autonomy. The company has announced a significant initiative with the release of an open-source Bitcoin Mining Operating System (MOS), aiming to level the playing field for smaller miners.