{"id":2435,"date":"2025-06-08T13:26:59","date_gmt":"2025-06-08T13:26:59","guid":{"rendered":"https:\/\/bitunikey.com\/news\/tether-at-515-billion-ceo-says-thats-bearish-backs-bolivias-usdt-move\/"},"modified":"2025-06-08T13:27:01","modified_gmt":"2025-06-08T13:27:01","slug":"tether-at-515-billion-ceo-says-thats-bearish-backs-bolivias-usdt-move","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/tether-at-515-billion-ceo-says-thats-bearish-backs-bolivias-usdt-move\/","title":{"rendered":"Tether at $515 billion? CEO says that\u2019s \u2018bearish,\u2019 backs Bolivia\u2019s USDT move"},"content":{"rendered":"
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Tether, the world\u2019s largest stablecoin issuer, is making quiet but significant inroads into Latin American retail markets, with Bolivian merchants now pricing goods directly in USDT. <\/p>\n

This grassroots adoption underscores the growing role of crypto in everyday commerce. Meanwhile, analysts are eyeing Tether\u2019s booming financials\u2014$13 billion in 2024 profits and a projected $515 billion valuation if it went public. <\/p>\n

Despite speculation from industry figures like Anthony Pompliano, Tether CEO Paolo Ardoino dismissed the need for an initial public offering, signaling confidence in the company\u2019s private structure and expanding influence.<\/p>\n

He described it as a \u201cquietly revolutionary shift\u201d that shows how Tether (USDT) has been integrated into daily commerce. Ardoino shared images showing Bolivian shops displaying prices directly in USDT.<\/p>\n

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In Bolivia, real prices in shops are displayed in USD\u20ae.<\/p>\n

A quietly revolutionary shift: digital dollars are powering daily life, commerce, and economic stability. pic.twitter.com\/dGP7I2ipxv<\/a><\/p>\n

\u2014 Paolo Ardoino \ud83e\udd16 (@paoloardoino) June 7, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

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Massive valuation projections spark public listing debate<\/h3>\n

Financial analyst Jon Ma recently projected that Tether would rank as the 19th largest company globally with a $515 billion valuation if it went public today. This means that the company could surpass household names like Costco and Coca-Cola.<\/p>\n

Ma\u2019s analysis points to Tether\u2019s reported $13 billion in net profits for 2024, with $7 billion derived from Treasury securities and repos. At the same time, an additional $5 billion came from unrealized gains on Bitcoin and gold reserves.<\/p>\n

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Tether valuation at 515B is a beautiful number.
Maybe a bit bearish considering our current (and increasing) Bitcoin + Gold treasury, yet I’m very humbled.
Also truly excited for the next phase of growth of our company.<\/p>\n

Thank you everyone\u2764\ufe0f https:\/\/t.co\/exZc05SDwd<\/a><\/p>\n

\u2014 Paolo Ardoino \ud83e\udd16 (@paoloardoino) June 7, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The projection assumes USDT supply growth of $50-60 billion and an average supply of $170 billion in 2025.<\/p>\n

Responding to the valuation estimate, Ardoino called the $515 billion figure \u201cbeautiful\u201d and also suggested it might be \u201cbearish\u201d considering Tether\u2019s expanding Bitcoin and gold treasury holdings.<\/p>\n

Pompliano pushed the speculation further by suggesting a $1 trillion potential valuation.<\/p>\n

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Tether CEO dismisses immediate IPO necessity<\/h3>\n

When questioned about potential benefits of going public, Ardoino provided a short response: \u201cNo need to go public.\u201d The statement shows confidence in Tether\u2019s current private structure and financial performance.<\/p>\n

<\/source><\/p>\n<\/picture>
Source: Paolo\u2019s X post<\/a><\/figcaption><\/figure>\n

In contrast to Circle\u2019s choice to go public through a SPAC merger, Tether is reluctant to pursue public listing. The retail USDT integration in Bolivia highlights the general trend of crypto\u00a0acceptance in Latin America.<\/p>\n

The development follows similar patterns in other Latin American markets where USDT has acted as both a store of value and a medium of exchange.<\/p>\n

USDT remains the largest stablecoin by market cap. As per CoinMarketCap data, USDT has a market cap of $154.8 billion.<\/p>\n<\/p><\/div>\n