Tether trims $20B funding plan amid $500B valuation skepticism: Report

February 04, 2026 1 min read 8 views

Tether CEO Paolo Ardoino scaled back the company's $20 billion funding plan, calling the target a "misconception," while maintaining a $500 billion valuation.

#Eth

Tether trims $20B funding plan amid $500B valuation skepticism: Report

Popular Articles

Fidelity readies digital dollar as stablecoins move into institutional finance

Citi sounds the alarm on ‘address poisoning’ scams flooding the Ethereum network

Trump files $5 billion lawsuit against JPMorgan over 2021 debanking

Tokenized gold boom trims Tether Gold’s market share despite rising XAUT supply

Individual behind $40 million government wallet theft is son of seized-crypto contractor executive: ZachXBT

Latest Articles

CLARITY Act risks handing crypto to centralized players: Gnosis exec

You Can Control an AI Agent's Crypto Spending With Ledger Hardware Wallets and MoonPay

Probe reveals document detailing alleged $5 million deal linking Milei to Libra promotion: report

The SEC and CFTC join hands: State of Crypto

Venus Protocol hit by $3.7M in 'supply cap' attack

Tether trims $20B funding plan amid $500B valuation skepticism: Report

Related Articles

The Protocol: Staked ETH exit queue moves down to zero

BlackRock names crypto and tokenization as ‘themes driving markets’ in 2026

CoinDesk 20 Performance Update: Ethereum (ETH) Drops 2.1%, Leading Index Lower

Vitalik Buterin proposes simpler ‘distributed validator’ staking for Ethereum

Popular Articles

Fidelity readies digital dollar as stablecoins move into institutional finance

Citi sounds the alarm on ‘address poisoning’ scams flooding the Ethereum network

Trump files $5 billion lawsuit against JPMorgan over 2021 debanking

Tokenized gold boom trims Tether Gold’s market share despite rising XAUT supply

Individual behind $40 million government wallet theft is son of seized-crypto contractor executive: ZachXBT

Latest Articles

CLARITY Act risks handing crypto to centralized players: Gnosis exec

You Can Control an AI Agent's Crypto Spending With Ledger Hardware Wallets and MoonPay

Probe reveals document detailing alleged $5 million deal linking Milei to Libra promotion: report

The SEC and CFTC join hands: State of Crypto

Venus Protocol hit by $3.7M in 'supply cap' attack