Tether Could Be Worth More Than Major Corporations: CEO Claims

Tether CEO Paolo Ardoino has suggested that if Tether were to go public, its market valuation would exceed $515 billion. This would catapult the company into the top 20 largest corporations globally, surpassing even giants like Costco and Coca-Cola. Ardoino acknowledges the impressive figures but believes they might be conservative, given Tether’s increasing reserves of Bitcoin and gold. Despite these figures, Tether remains modest about its progress, focusing on creating a valuable hedging tool for investors amid potential financial instability. This focus on hedging aims to mitigate risk and manage negative equity risk premiums (ERP).