Tether CEO Paolo Ardoino says ‘no need to go public’

From Cointelegraph

June 8, 2025 2:08 am:

Tether CEO Paolo Ardoino announces no plans to go public after Circle’s NYSE debut. Circle shares surged 167% on first trading day. Ardoino addressed $515 billion valuation speculation, calling it “beautiful” but possibly too low. Bitcoin advocates suggest Tether could reach $1 trillion valuation in the future. Tether’s USDT ranks as third-largest cryptocurrency at $154.83 billion market cap. Tether becomes majority owner of Twenty One Capital, becoming world’s third-largest corporate holder of Bitcoin. Tether moves 37,229.69 Bitcoin worth $3.9 billion to new financial platform.

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