Tether trims $20B funding plan amid $500B valuation skepticism: Report
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Why This Matters
Tether CEO Paolo Ardoino has reduced the company's funding plan from $20 billion to an unspecified amount, citing a misconception about the target, while maintaining a $500 billion valuation, sparking skepticism about the company's financials.
Market Impact
Market impact analysis based on bearish sentiment with 75% confidence.
Sentiment
Bearish
AI Confidence
75%
Time Horizon
Short Term
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
Tether CEO Paolo Ardoino scaled back the company's $20 billion funding plan, calling the target a "misconception," while maintaining a $500 billion valuation.
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Full article on CoinTelegraph
Original article published by
CoinTelegraph
on February 4, 2026.
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