Tether CEO denies the company ever planned $20B raise
Tether CEO Paolo Ardoino scaled back the company's $20 billion funding plan, calling the target a "misconception," while maintaining a $500 billion valuation.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Tether CEO Paolo Ardoino scaled back the company's $20 billion funding plan, calling the target a "misconception," while maintaining a $500 billion valuation.
Why this matters
Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.
Original source
Read on CointelegraphRelated market context
Tether burns 2 billion USDT from its Treasury address
The burn reflects Tether's ongoing supply management, potentially signaling shifts in stablecoin demand and impacting crypto marke...
Tether CEO says company now holds about 150,000 Bitcoin
Tether's significant Bitcoin holdings highlight the growing intersection of stablecoins and volatile assets, impacting crypto mark...
Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near $40 Million
Bitcoin Magazine Brazil’s Mercado Bitcoin Freezes Deposits and Withdrawals Due to Ongoing Security Incident, Losses Estimated Near...
Strategy Adds 811 BTC With MSTR Sales as STRC Buybacks Top $400 Million in Two Weeks
Strategy bought 811 bitcoin for $65.5 million in the week ended Nov. 1, returning to the market one week after it added none, the...
Tether Says It Froze Over $1.5B From Binance Hack Within 30 Minutes
Tether said it froze more than $1.5 billion in stolen USDT within 30 minutes of the Binance hack, blocking access to those funds....
Strategy’s deployable cash falls 45% as buybacks outpace Bitcoin purchases
Strategy‘s deployable USD Cash fell 45.3% during the week ended Nov. 1, from $242 million to $133 million, as preferred-stock buyb...