Tether – the company behind USDT, the market's largest stablecoin – is planning to raise up to $20 billion through a stock offering , and is also XEM Tokenize shares after the deal is completed. This is XEM as Tether 's most aggressive expansion since stablecoin revenue surged during the market recovery.
According to information revealed on December 12th, Tether leadership has discussed various options for large-scale Capital to strengthen the company's position in the Web3 financial services sector. Some informed sources indicate that Tether may implement a share buyback program or convert shares into digital assets stored on the blockchain to increase liquidation and transparency for shareholders. This is also in line with the trend of asset Tokenize that many global financial institutions are promoting in 2025.
Notably, at least one existing shareholder had previously expressed interest in selling a significant stake at a price considerably lower than the unofficial market valuation of approximately $500 billion. This move forced Tether to intervene, as a sell-off by an existing investor could directly impact the company's ability to raise large-scale Capital . Management feared this would send a negative signal, reducing Tether 's attractiveness for future crucial Capital rounds.
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