• bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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Tether IPO rumors

Tether IPO rumors swirl as valuation hits $515 billion, but CEO shuts them down

Mariam Al-Yazidi

Tether IPO rumors are heating up after a staggering $515 billion valuation was floated by market analysts.

This valuation would place Tether ahead of global giants like Costco and Coca-Cola, ranking it 19th worldwide. The buzz has naturally led to comparisons with Circle, its closest competitor, which recently went public on the NYSE. But Tether CEO Paolo Ardoino isn’t having it. In a bold declaration, he dismissed any notion of the company entering public markets.

Despite the IPO chatter, Ardoino expressed firm confidence in Tether’s current setup. “No need to go public,” he wrote on social media. This message followed a wave of speculation sparked by Circle’s IPO, which many saw as a possible blueprint for Tether. Yet Ardoino’s firm tone suggests the company sees its private structure as a competitive edge, not a liability.

Tether IPO rumors intensify after Circle’s stock market debut

Many industry watchers are curious. Would a Tether IPO unlock even more capital, or bring scrutiny the company would rather avoid? Regulatory transparency and operational clarity have always been sticking points for the stablecoin issuer. These issues could become magnified under the microscope of public trading.

That’s likely one reason for Ardoino’s flat-out rejection of IPO rumors. The company appears focused on scaling quietly, growing reserves, and avoiding the legal complexities that come with going public. By staying private, Tether controls its narrative and avoids pressure from public investors and regulatory bodies.

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Tether’s valuation places it among the world’s financial titans

Still, a $515 billion valuation is not easy to ignore. According to Artemis analyst Jon Ma, Tether’s current growth, coupled with its increasing Bitcoin and gold treasury, paints a bullish picture. Ma even suggested the estimate might be “a bit bearish,” considering the stablecoin’s trajectory.

The valuation aligns with crypto’s rising influence in traditional finance. It also raises the question: how much longer can Tether avoid the public spotlight? Even without an IPO, the company’s size and reach demand attention.

In the end, Tether may not need an IPO to validate its market dominance. As the crypto ecosystem expands, its central role in liquidity, trading, and cross-border payments only solidifies.

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Why are Tether IPO rumors gaining attention now?

Tether IPO rumors are gaining steam because of a recent market analysis valuing the company at $515 billion. That’s enough to rank it 19th among the world’s top companies, surpassing giants like Coca-Cola and Costco. The buzz intensified after rival stablecoin issuer Circle launched its IPO and listed on the NYSE. This naturally sparked speculation about Tether’s next move. However, despite the attention, CEO Paolo Ardoino has firmly rejected any plans for a public offering, highlighting their confidence in remaining private.

What did CEO Paolo Ardoino say about Tether going public?

Paolo Ardoino was crystal clear in shutting down IPO speculations. In response to the market chatter, he stated on social media, “No need to go public.” His tone suggests Tether is more comfortable operating outside the public market’s intense scrutiny. Ardoino emphasized the company’s current strength, particularly its increasing reserves in Bitcoin and gold. This confident position indicates they see their private structure as a strength, not a weakness.

How does Tether’s valuation compare to other major companies?

With a $515 billion valuation, Tether would sit ahead of household names like Costco and Coca-Cola. This places it as the 19th most valuable company in the world. The number is striking, especially for a company that hasn’t gone public. It reflects not just its dominance in the stablecoin market but also investor belief in its long-term potential. Some analysts even suggest the number may be conservative, considering Tether’s growing treasury and crypto footprint.

Why might Tether avoid an IPO despite its high valuation?

Tether might avoid an IPO to maintain control, flexibility, and to minimize exposure to regulatory and investor scrutiny. Going public requires detailed disclosures and opens a company up to the expectations of shareholders and regulators. Given ongoing concerns around Tether’s transparency and regulatory challenges, staying private offers them more operational freedom. It also allows them to build quietly without quarterly performance pressures or legal complexities often tied to IPOs.

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