If Tether went public, it would be the 19th largest public company in the world with a market cap of $515 billion, according to Artemis co-founder and CEO John Ma. The expert extrapolated the market value and profit of competitor Circle, which held an initial public offering on June 5. "Tether's $515 billion valuation is a great number. It may be a bit low given our current treasury holdings in bitcoin and gold, but I’m still very modest," commented USDT issuer CEO Paolo Ardoino.
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If Tether went public, it would be the 19th largest public company in the world with a market cap of $515 billion, according to Artemis co-founder and CEO John Ma. The expert extrapolated the market value and profit of competitor Circle, which held an initial public offering on June 5.
"Tether's $515 billion valuation is a great number. It may be a bit low given our current treasury holdings in bitcoin and gold, but I’m still very modest," commented USDT issuer CEO Paolo Ardoino.