Tether has reduced its fundraising target from $20 billion to as low as $5 billion. CEO Paolo Ardoino clarified that the $20 billion figure was a maximum threshold, not a goal. Despite interest at a $500 billion valuation, some investors are hesitant due to regulatory risks. Tether’s profits declined in 2025, attributed to Bitcoin’s underperformance. USDT remains dominant in the stablecoin market with a market cap of over $185 billion.

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