Tether CEO Denies IPO Plans, Rejects Market Valuation Pressure

Paolo Ardoino, CEO of Tether, has officially dismissed speculation about an initial public offering (IPO). He believes the company’s current market valuation of $515 billion is conservative and refrains from pursuing a listing, defying market expectations for rapid expansion. This decision significantly impacts investor confidence while also dampening speculative interest in the company’s future. )