Tether, the world’s largest stablecoin issuer, is quietly gaining ground in Latin American markets with its USDT currency. Bolivian merchants are now directly pricing goods using USDT, demonstrating the rising influence of crypto in daily commerce. Analysts have projected Tether could reach a $515 billion valuation if it were to go public, surpassing even behemoths like Costco and Coca-Cola. This has ignited debate around whether an IPO is necessary for the company’s future growth. Tether CEO Paolo Ardoino dismissed the prospect of an immediate IPO, citing confidence in its private structure and strong financial performance. He compared the move to a “quietly revolutionary shift” that highlights how USDT has become integrated into everyday transactions.