Tether, issuer of the USDT stablecoin, expects to report a net profit of $15 billion at the end of 2025. This projection comes amid a favorable crypto regulatory environment in the United States, driving interest in stablecoins and other digital assets.
Tether In Funding Talks With Prospective TradFi Investors
In a recent post on Friday, Bloomberg shared key developments on Tether Holdings Ltd, operator of the largest stablecoin in the market. Notably, the company’s CEO and popular crypto figure Paolo Ardoino outlined positive profit predictions of $15 billion by 2025’s end, while speaking in an interview at the recent Plan B Forum in Lugano, Switzerland.
Bloomberg’s report indicates this projection can be linked to a rapid stablecoin adoption combined with surging investors’ interest in an equity stake in the market’s biggest player. In July, US President Donald Trump signed the GENIUS Act into law, thereby creating a comprehensive regulatory framework for stablecoin operations.
The legislation addresses several aspects, such as licensing, reserve requirements, consumer and investor protection, and market structure, thereby helping demystify and provide the needed guardrails for a nascent financial industry.
According to Bloomberg, Tether entered discussions with prospective investors last month to raise $20 billion in exchange for a 3% stake in its company. Among these companies reportedly include Japanese firm SoftBank Group Corp. and London-based Ark Investment Management.
Paolo Ardoino spoke about these potential investments, explaining Tether’s approach and openness to such partnerships.
Ardoino said:
We have been contacted by an enormous amount of companies that want to invest in us. We have to draw a line in the sand on a valuation that we think is very cheap.
He further added:
There are many funds and tech funds that have in their portfolio many companies that could use part of our technology and other offerings that we have. It’s about synergy and creating bigger impact.
Tether’s USDT currently boasts a market cap value of $182.92 billion, showcasing a 57.5% dominance in the stablecoin market. The company is reportedly set to launch a new USAT token in December, designed to be a US-focused product in compliance with federal regulations, as indicated by the GENIUS Act.
Tether-Backed Rumble Introduces Bitcoin Tip Creators
In other news, video-sharing platform Rumble is now set to introduce Bitcoin tipping for its creators, according to its CEO Chris Paglovski, while speaking onstage also at the Plan B Forum in Switzerland.
Notably, the company is teaming up with Tether on this feature, with projections of a full rollout in the next five to seven weeks. This development follows the stablecoin issuer’s notable investment of $775 million into Rumble in December 2024.
Featured image from iStock, chart from Tradingview
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