#Crypto_News 🔈🔈🔈

Tether cuts fundraising target to $5 billion amid doubts over $500 billion valuation

On February 4, according to Cailian Press, stablecoin giant Tether is facing investor skepticism over its ambitious $500 billion valuation target. In response, the company is reportedly planning to reduce its fundraising target in the next funding round to $5 billion.⭐⭐⭐

Tether CEO Paolo Ardoino stated that the previously cited $15–20 billion fundraising goal was a “misunderstanding,” adding that the company would be perfectly fine even without raising new capital.

#StrategyBTCPurchase

BTC
BTCUSDT
68,853.3
+3.45%