Tether (USDT) is valued at 515 billion USD, surpassing Costco and Coca-Cola.

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CEO Paolo Ardoino stated that if Tether goes public, the company could reach a valuation of 515 billion USD, becoming the 19th largest company in the world – surpassing both Costco and Coca-Cola. He emphasized that this figure could be considered "conservative," given Tether's rapidly increasing reserves of Bitcoin and gold. Nevertheless, the company maintains a humble attitude and is very excited about the next phase of development.

However, Tether's competitor is Circle, the issuer of USDC that just went public and has a market capitalization of 21 billion USD.

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